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Monday 26 February 2018

Manager Ally McCoist's future at Rangers in doubt

Rangers' creditors meeting began this morning amid increasing uncertainty over the future of Charles Green's new regime.

The meeting is a formality given Her Majesty's Revenue and Customs had already rejected Green's reduced payments offer and the Ibrox crisis this morning shifted to the future of manager Ally McCoist.



Reports claim McCoist is poised to resign due to uncertainty over his future once Green completes his £5.5m (€6.8m) newco purchase of the club's assets.



McCoist arrived at Ibrox this morning without making comment while Green briefly told reporters he wanted the manager to stay as he arrived for the creditors meeting.



Green has held talks with Scottish Premier League officials after it emerged his Company Voluntary Arrangement was doomed to failure but his plans to stay in the top league suffered a blow this morning.



Aberdeen updated their position on a potential newco vote by stating that "integrity" was their central criteria.



Dons chief executive Duncan Fraser told the club's official website: "Yesterday's announcement that Rangers FC will reform as a new co brings a degree of clarity to the situation.



"However there are a number of other investigations ongoing. Like everyone we wish to see them resolved as soon as possible.



"A large number of our supporters have made their views and feelings very clear and as a club I can assure everyone that these are being taken into account.



"The integrity of sport in general and football in particular must be central to any decision.



"This issue has our full attention and we will communicate any decisions we take in relation to this situation with our supporters in a transparent way at an appropriate time."



However, fresh reports claimed that the SPL's broadcasting deal, which is due to be renewed this summer, would be in serious doubt if Green's Rangers are forced to start in the Irn-Bru Third Division.



Green would need seven other clubs to accept his application to acquire Rangers' share in the competition if he pushes through with his newco deal.



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