Wallace pledges future to Rangers
Scotland left-back Lee Wallace has pledged his future to the newco Rangers despite the near certainty that they will not play in the Clydesdale Bank Premier League.
The club announced that the full-back told Sevco chief executive Charles Green yesterday that he would report for the start of pre-season training on Thursday.
Aberdeen, Inverness and St Johnstone yesterday announced that they would oppose Green's application to join the SPL, doubling the confirmed objectors to six.
Wallace told www.rangersfc.co.uk: "When I arrived at Ibrox the support from the club, players and fans was fantastic.
"The fans showed great faith in us all during tough times and I still feel I have more to show them during the remainder of my contract.
"My partner is expecting our first baby soon and my priority is to my family.
"This gives me the incentive to improve my performance and ultimately win trophies."
Steven Whittaker and Steven Naismith announced on Sunday that they would exercise their right not to transfer to Green's company, which bought the assets and business of Rangers for £5.5million.
Rhys McCabe and Sone Aluko have also indicated they will leave Ibrox.
But Wallace joins Lee McCulloch in deciding to stay despite the prospect of the new Rangers playing in the Irn-Bru Third Division.
The 24-year-old said: "My personal decision in no way condemns or judges those made by my fellow professionals as I believe each person has different circumstances and reasons which will determine the road they choose to travel at this particular time.
"I respect the decision taken by each individual player."
Wallace signed a five-year contract when he joined from Hearts in August last year in a deal worth £1.5million.
However, Rangers Football Club will go into liquidation with Hearts still to receive £800,000 of the fee and it is unclear whether Green's club will be forced to pay.
The destiny of newco Rangers is also increasingly uncertain as Raith Rovers joined Falkirk in opposing any league reconstruction deal that would see them enter straight into the Irn-Bru First Division.
A statement from the First Division club's board read: "Raith Rovers FC continues to closely monitor developments in the saga of who will replace the liquidated Rangers within Scottish football.
"As proud members of the Scottish Football League, we may soon be called upon to consider proposals for the way forward not only in relation to any vacancy that may arise in our league but also in respect of the future construction of the game in Scotland.
"Whilst we retain an open mind on the subject of league reconstruction, and will carefully consider any proposal put to us by the SFL board in this regard, the board of directors of Raith Rovers FC is unanimous in its view that we shall certainly not cast our vote in favour of any integrated plan that in our view compromises sporting integrity by involving the admission of any 'Newco' directly into Division One."
A 75% majority is needed for SFL clubs to pass any resolution.