Ally McCoist: I'll work for free

[ian1964 10,761]

SHELLSHOCKED Rangers boss Ally McCoist has sacrificed his £1million-a-year salary â?? as his players brace themselves for the axe today.

 

SunSport can reveal McCoist has told administrators Duff and Phelps he'll work the rest of the season for NOTHING.

 

That was before a crunch Murray Park summit which saw players and backroom staff presented with three options for brutal cuts.

 

If they don't agree to go, decisions will be made for them. There was heated debate at the training ground yesterday as Gers stars were forced to consider:

 

EIGHT players being dumped plus a 50 per cent cut in wages across the board;

 

ELEVEN players axed plus a 50 per cent deferral until the end of the season; or

 

NO players axed but a 75 per cent wage cut across the board.

 

McCoist, still trying to prepare for tomorrow's game against Hearts at a nearly sold-out Ibrox, has given up his £20,000-a-week plus wage.

 

SunSport understands at least one senior player has also offered to play for nothing until May.

 

McCoist also now knows the stars who will be made redundant, with the administrators anxious to slash costs as soon as possible.

 

As yet he hasn't let on about their identities.

 

Duff and Phelps need £4.5million just to meet running costs for the remainder of the campaign â?? and right now there's a significant shortfall.

 

That is stopping them from guaranteeing Rangers will even be able to fulfil their final 10 games, including three at Ibrox before the April 7 split.

 

Currently there's also a £2m a month salary bill for players and backroom staff.

 

Loan star Kyle Bartley has returned to Arsenal and has has played his last game for Gers.

 

Meanwhile, a statement from the administators last night said: "Duff and Phelps advise there will be no announcement yet in relation to staffing levels in any department of Rangers FC. Discussions are ongoing regarding potential cost saving measures and announcements will be made at the earliest opportunity, most likely Friday."

 

There is no guarantee of squad agreement today and Duff and Phelps fear the matter could drag into next week.

 

There are 32 players in the Gers first team squad, 11 on the coaching staff, 35 Under-19 players and seven academy coaches in a total staff roll of 177.

 

http://www.thescottishsun.co.uk/scot...ers-alive.html

[der Berliner 3,815]

Again, how do they know what the figures are and whether the admins "fear" that it drags on for another week?

[54andcounting 0]

How anybody can believe that stuff must be insane especially when they pay for it.

 

You buys it therefore you lies by it.

[forlanssister 3,114]

Again, how do they know what the figures are and whether the admins "fear" that it drags on for another week?

 

Administrators have set a date of March 16th for interested parties to declare their interest and provide proof of funds (means Craigie boy is out if he can't show proof of funds).

 

I know that statement doesn't tally up with what's happening and that concerns me

[BrahimHemdani 1]

How anybody can believe that stuff must be insane especially when they pay for it.

 

You buys it therefore you lies by it.

 

Sounds real enough to me.

[Ergatrude 0]

I think that at about 6pm yesterday evening the Scottish press realised that they were not going to have any stories to print about Rangers redundancies. I would presume that some, if not all, would have had 2+ pages reserved for the sensational 'exclusives' about players leaving Rangers and I'm sure they would have had pictures of the titanic with a Rangers emblem and a liferaft at the side with ex-players inside & Mackay swimming in the distance.. Plan B would have been to fill these reserved pages with something that would sell the papers & unfortunately for us the stories that filled the pages with "alleged" information and "presumed" facts. Whilst the information that did appear in todays newspapers COULD be true, I'd say it's a safe bet that they were just filling the pages that were meant for "Glasgow Rangers - the beginning of the end" with any rumours they may have heard & then bulked the rest up for sensationalism.. as always.