Rangers saved from immediate cull of top players
Administrators for Rangers Football Club said today that there will be "no immediate cuts in the playing staff" ahead of a meeting with players.
The Glasgow-based club appointed administrators Duff and Phelps after a petition was lodged by HM Revenue and Customs (HMRC) at the Court of Session in Edinburgh to have one appointed for them.
Rangers FC was forced into administration over an unpaid tax bill of £9 million accrued since Craig Whyte's takeover last May.
A spokesman for Duff and Phelps said Paul Clark, one of the joint administrators, would meet manager Ally McCoist and players today.
He stressed that there would be "no immediate cuts in the playing staff" and said: "Paul will be outlining the administration process."
He added that a staff review would take place in the future.
He said: "There will be a review of staff, including playing staff. That will take its course."
The spokesman also said that players had not been asked to play without being paid.
Rangers has been handed an automatic 10-point deduction by the Scottish Premier League (SPL) because of the administration move.
The club, which has fallen 14 points behind SPL leaders Celtic as a result of the decision, is also awaiting the verdict of a tax tribunal which could cost it £75 million.
Duff and Phelps has moved to ease the fears of fans who are concerned that Rangers may go out of business altogether following the events of the last few days.
Joint administrators Mr Clark and David Whitehouse said in a statement yesterday: "We can report we have made very good progress within the first 24 hours of being appointed administrators over Rangers Football Club.
"We fully recognise this is a difficult time for players and staff at the club and are extremely appreciative of their reaction to the situation."
The statement went on: "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.
"We have had expressions of support across the political spectrum in Scotland within the last 24 hours and there is clearly a desire to see Rangers come through this situation successfully."
An element of doubt was initially raised over Saturday's home game against Kilmarnock at Ibrox after Rangers went into administration.
But the Clydesdale Bank Premier League clash will go ahead as planned after Strathclyde Police were given assurances about payment for policing the event.