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Ally McCoist on Friday night revealed he has taken a wage cut in a bid to help Rangers slash costs. The Ibrox boss and his management team have agreed to a reduction in their salaries amid fears much of the £22million raised last December through an institutional share issue has been wiped out. A promise by finance chief Brian Stockbridge to produce audited accounts by mid-September has so far failed to materialise, while sacked commercial director Imran Ahmad has launched a £500,000 court battle against the club. As the club’s finances take centre stage at a bloody boardroom battle at an AGM next month, however, McCoist has agreed to ease the burden by scaling down his £700,000-a-year salary. ‘It’s just been agreed that the management team are certainly taking a wage cut,’ the Rangers boss on Friday night told plzsoccer.com’s Football Show. ‘I didn’t feel under pressure to do it because effectively I signed a contract. People forget that when I became manager of the club someone put a contract in front of me and I just signed it as simple as that. ‘I didn’t even look at it, to be quite honest with you. I didn’t look at wages or length of contract, I just said: “I’m signing that because it’s what I want to do”. ‘So I think it is a little bit harsh criticising someone when you don’t know what is going to happen in the future.’ McCoist, meanwhile, appealed to Rangers fans to throw their support behind betting bad boy Ian Black. The Ibrox midfielder returns to the team against Stenhousemuir on Saturday after a three-match suspension imposed for breaching SFA rules on gambling on football matches and McCoist hopes supporters will back their man. ‘I’d be very hopeful that it’s now the case that we can all move on,’ said McCoist. Black is a regular target for opposition supporters — but has yet to experience booing from his own fans. McCoist believes the midfielder will cope with that if it happens. ‘Listen, football divides opinion all the time — especially at this club in the last two years,’ he said. ‘That’s a natural part of being involved at this club. I get stick myself about performances and team selections. It’s part and parcel. That will continue to be the case. ‘But I feel the most important thing is that, while we all have different opinions and opinions will be divided, the main focus and sole aim is the club’s focus to get back to where we want to be.’ Read more: http://www.dailymail.co.uk/sport/football/article-2436100/Ally-McCoist-takes-Rangers-pay-cut.html#ixzz2gAQuhqlE Follow us: @MailOnline on Twitter | DailyMail on Facebook

Rangers manager Ally McCoist has hinted that the club will be unable to offer transfer fees for any of his targets during the January transfer window. The Scottish League One side saw moves for Bosnian defender Boris Pandza and former Hearts captain Marius Zaliukas fail this week. McCoist has said that he is uncertain if he will be allowed to spend money as the club aims to secure a return to the Scottish Premiership. "It's my job to get the best possible team out on the park for the fans. Like any other manager I've got a budget to work within," quotes McCoist as saying. "Without doubt I am more mindful of what I spent after all the hardships we went through last year. I have to think about the long-term future of the club because we don't want what has already happened to happen again. But we're talking about [wage] budgets here, not even about transfer fees. "I believe longer term, we will definitely need to spend once we get back to where we want to be. But I can understand the argument right now that we should have a team built within the budget limits to get through the divisions." http://www.sportsmole.co.uk/football/rangers/transfer-talk/news/mccoist-rules-out-rangers-deals_107547.html

by Glenn Gibbons Undecided Rangers shareholders who have been paying close attention to the hustings so far are likely to approach the power struggle at the Ibrox club’s forthcoming annual meeting with a deep yearning for a sudden declaration of candidature by a third party. The two factions presently on the ballot paper must seem to the non-aligned about as attractive as rutting wart-hogs. On one hand, a sitting board of directors whose imaginative response to the threat of usurpation appears to have been limited to the hiring of a PR company with a reputation for smearing opponents through liberal use of all available media outlets, from the club’s own to the social networks of the worldwide web. On the other, a band of would-be revolutionaries whose nominated “leader”, Jim McColl, is a billionaire who has stated that he has no intention in the near future of investing any money in Rangers or playing so much as a minor role in the governance of the company. For voters at the AGM, the election is likely to represent an invitation to choose the less harmful of the two. With the big event still at least a month off, there will be a bone-chilling number of opportunities for further demonstrations from both sides of the kind of infantile, risible and, in certain instances, sordid attempts at points-scoring that have been witnessed in recent times. For example, Paul Murray, the poster boy of the group agitating for reform of the board, including the removal of what may be called the office bearers – chief executive Craig Mather and finance director Brian Stockbridge, as well as director Bryan Smart – this week made a call for “transparency” from the directors by demanding the release of the identities of the people behind two companies who have invested in Rangers, Blue Pitch Holdings and Margarita Holdings. As a shareholder himself, Murray will be perfectly aware of his right to obtain this information simply by asking for it. He may then go public with it, although it is impossible to fathom why the names of those behind the holding companies should be of any import. Murray’s attempted capture of the headlines was sufficiently pathetic to reinforce the impression – formed over the past three years – that his principal credential as a prospective saviour of an ailing institution is that he is a genuine, lifelong fan. Even so, the general weakness of his profile did not prevent the voice of one red-top from declaring his endorsement of Murray and his simultaneous condemnation of the PR company, Media House, and its busiest representative, Jack Irvine. The latter, himself a former tabloid editor, was roasted for his readiness to blacken the names of his employers’ opponents with some lacerating postings on Twitter. This reprehension of Media House was a startling renunciation of the paper’s previous accommodating policy towards the company. This willing collusion obtained in the days when MH’s primary objectives were the scandalous portrayal of the Celtic managing director, Fergus McCann, as some kind of villainous incompetent and the absurd promotion of David Murray, the Rangers owner, as an entrepreneurial and financial genius. That they could have been proved by subsequent events to have been so grotesquely and blatantly mischievous in their persecution of McCann and their miscasting of Murray would, of course, be a matter of complete indifference, as long as their fees were paid. It will be recalled, however, that their propaganda campaign was so successful that Celtic supporters actually booed McCann as he unfurled the league championship flag on the opening day of the 1998-99 season, an ineradicable testament to their shameful gullibility. http://www.scotsman.com/sport/football/spfl-lower-divisions/rangers-fans-torn-between-rebel-and-light-blue-sea-1-3116658

Scroll down, near bottom http://www.scotcourts.gov.uk/rolls/supreme/lists/r130926_024.htm

The daily mail have McCoist and Lennon in the frame for the job... Do journalists just make up stuff nowadays....

Forfar 0 Rangers 4 Little,Law,Daly,Jig