Rangers players discuss wage cut as administrators near redundancy decision

[ian1964 10,875]

Senior Rangers players have held discussions over taking a minimum 25% pay cut in a bid to stave off redundancies, STV has learned.

 

The clubâ??s administrators, Duff and Phelps, are expected to make an announcement by Wednesday over the future of players and staff at Ibrox.

 

With a cash shortfall at the club, it is understood more drastic measures may have to be taken by removing a number of players from the wage bill immediately.

 

Director of football, Gordon Smith, and chief operations officer, Ali Russell, have already agreed to leave the club and will come to the end of their contracts on Wednesday.

 

Rangers owner Craig Whyte, who is currently in Monaco, stated on Monday he expected further job cuts to be made but said the administrators would be â??acting in the best long-term interests of the football club.â?

 

Speaking on Sunday, manager Ally McCoist said he knew a decision was looming over which players and staff may be asked to leave.

 

"My understanding is that I will meet with Paul Clark, from the administrators Duff and Phelps, whenever he wants," he said.

 

"I imagine it will be early on in the week about what he thinks is the way ahead for Rangers.

 

"Morally, I should not and will not be judge and jury over anyone's future. Having said that, I will help the administrators 100% in any way I can.

 

"Every conversation I have had with Paul Clark and Simon Shipley of Duff and Phelps has been positive. They seem to be knowledgeable and respectful of the size and sensitivity of the job.

 

"Hopefully we will sit down in the next day or two and things will become clearer."

[Gazza_8 233]

I think the majority of players would be up for this. Maybe we could even sell Whittaker and knock 20k off the wage bill.

[gisabeer 409]

I think the majority of players would be up for this. Maybe we could even sell Whittaker and knock 20k off the wage bill.

 

We cant sell him at this time of the season. i would let him go.

[Zappa 0]

Whittaker's wages are only a couple of hundred grand from now till the end of the season, but he has a sell on value of at least 4 or 5 times that much, so it would be foolish to let him go just now.

[gisabeer 409]

it would be fucking great if some of them played for nothing!

[pete 2,545]

it would be fucking great if some of them played for nothing!

 

Instead of doing nothing and getting paid.:grin: