Belfast Telegraph

Monday 22 September 2014

Administrators to meet Rangers squad

Rangers' administrators will meet with manager Ally McCoist and the players today.

They claim at this stage that there will be "no immediate cuts in the playing staff" but there will be a review of all staff in due course.

Duff and Phelps took control of the Scottish champions on Tuesday after the club was forced into administration over an unpaid tax bill of £9million, accrued since Craig Whyte took control of Rangers in May last year.

Joint administrator Paul Clark will hold talks with McCoist and his squad today.

A spokeman said: "Paul will be outlining the administration process.

"There will be a review of staff, including playing staff. That will take its course."

The spokesman also said players had not been asked to play without being paid.

Rangers - who were immediately docked 10 points by the Scottish Premier League and now sit 14 points behind leaders Celtic - are also awaiting the verdict of a tax tribunal which could leave them with a bill of as much as £75million, according to Whyte.

Last night administrators told fans they can be reassured that Rangers will continue as a football club.

They also said they hope to reach a stage "as soon as possible" where the club can emerge from administration.

Joint administrators Clark and David Whitehouse said in a statement: "We can report we have made very good progress within the first 24 hours of being appointed administrators over Rangers Football Club.

"In broad terms, supporters can be reassured that Rangers will continue as a football club and we hope to reach a stage as soon as possible where the club can emerge from administration."

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