New director won't cure problems at Rangers: McCoist
Former Rangers boss Ally McCoist insists it is "absolute garbage" for anyone to believe that a Director of Football will solve the problems at Ibrox.
A new management structure is being put in place following the departure of ex-manager Mark Warburton and his staff.
It has been reported that director of scouting and recruitment at Southampton, Ross Wilson, has turned down the Director of Football role with Gers.
And the Ibrox club are trying to finalise a deal to bring Portuguese coach Pedro Caixinha in as manager as the Gers trail Celtic by 33 points ahead of their Premiership meeting at Parkhead on Sunday.
McCoist believes "massive investment" is the key. He said: "It is absolute garbage if anyone thinks it is going to solve Rangers' problems.
"Did Jock Stein have a Director of Football? Alex Ferguson, Walter Smith, Martin O'Neill? No.
"For Rangers to improve,, massive investment is needed."
Celtic goalkeeper Craig Gordon, meanwhile, has signed a new three-year deal.
The 34-year-old has committed after the Bhoys rejected several offers from Chelsea during the January window. He said: "It's good to know that stability is there and I'm going to be here fighting for trophies."