Players agree to take huge wage cuts to keep Rangers afloat

Ally McCoist did not sign up to save Rangers but he maybe doing just that
Well, hurrah for the players. They finally come to an agreement which will see their wages cut from anywhere between 25% to 75% depending on how much they get paid. In return, there will be no redundancies till the end of the season. Good on them and coach Ally McCoist who has been huge in trying to resolve the most difficult of times in Rangers history. This means Maurice Edu, Carlos Bocanegra, and Alejandro Bedoya for now still get to suit up in Gers uniform.
Meanwhile Paul Murray, a former board director is reportedly readying a Blue Knights consortium which includes the financial firm, Ticketus, to announce a takeover bid as the 16th March deadline approaches. Ticketus has been funding Rangers with cash up front in advance of several season’s worth of ticket sales. They now want that money back and are going after Craig Whyte to recover it. Talk about conflict of interest, eh?
The SFA on the other hand seems to be covering its fanny by singling out the aforementioned Whyte, for all the ills of the club. An easy enough job to do as he’s easily the most hated man in Rangers history.
The excellent Rangers Tax Case site paints a gloomy picture. All roads lead inevitably to liquidation.

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