Pride Park Stadium

Next Game

Derby v Rangers

Saturday, 02 August 2014, 13:00

Friendly Match

Smith backs protege McCoist

Walter Smith has defended Rangers manager Ally McCoist against accusations he was overpaid for too long.

Last Updated: 09/10/13 at 08:01 Post Comment

Ally McCoist and Walter Smith during Smith's most recent spell as manager

Ally McCoist and Walter Smith during Smith's most recent spell as manager

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

The Ibrox club's recently-published accounts revealed McCoist earned a salary of £825,000 before agreeing to an unspecified cut.

Rangers ran at a £14.4m loss over a 13-month period until the end of June, and some supporters contacted local media to point out that several players agreed wage cuts soon after the 'oldco' club entered administration in February 2012.

But Smith, the former manager who recently left his position as non-executive chairman, reckons the man he nurtured as a future boss deserves credit for accepting a pay cut at all.

He said: "People have to remember that contract was signed when Rangers were in the Premier Division and had an opportunity of getting to the Champions League.

"That's where that started and I don't think it was any of his doing that Rangers have ended up in the situation they're in.

"They've adjusted to that now, everyone has made it clear what's going to happen, and Alistair has agreed to take a cut.

"It's good of him to do that because he's put his career on the line - I don't think he'd ever have imagined managing Rangers in the circumstances that they find themselves in."

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

D

oes the absence of Winston Bogarde mean he's finally left Chelsea?

nellyknows
The Pre-Season 'Is He Still There?' XI

P

resumably, Diaby is in this team but receiving treatment

lee
The Pre-Season 'Is He Still There?' XI

A

deadwood 11 and not an arsenal player listed. Heady days.

EssexGooner
The Pre-Season 'Is He Still There?' XI

Footer 365

Transfer News: Manchester City in talks with Frank Lampard over loan move

Frank Lampard's representatives are in talks with Manchester City over a loan move, according to Sky sources.

Transfer news: Arsene Wenger admits Thomas Vermaelen could leave Arsenal this summer

Arsenal manager Arsene Wenger plans to make more signings this summer, but admits captain Thomas Vermaelen could leave.

Guus Hiddink vows to build on success of Holland predecessor Louis van Gaal

New Netherlands coach Guus Hiddink has vowed to build on the success of predecessor Louis van Gaal.

Mail Box

Are Villa Fans The Lowest Of Them All?

With the possible exception of Blackpool, are any club's fans feeling any more depressed about the start of the season than Villa? We also have a bizarre suggestion and...

How Can Tim Sherwood Be Out Of Work?

Don't peple know his PPG was THE BEST EVER FOR A SPURS MANAGER? We also have mails on Luis Suarez, the new fashion for 3-5-2 and more...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property