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 By PA Sport

New chief executive Derek Llambias issues Rangers promise

Llambias was named managing director in 2008
Derek Llambias stepped down as Newcastle managing director in June 2013.

New Rangers chief executive Derek Llambias promised to get the club "back on its feet" when he addressed a turbulent annual general meeting -- but the board were defeated on a key resolution relating to the issue of more shares.

And Llambias revealed talks were planned with the Scottish Football Association on Tuesday despite Rangers and key Ibrox shareholder Mike Ashley facing five disciplinary charges in a Jan. 27 hearing into the Newcastle owner's dual interests.

The club lost an attempt to disapply...

Ally McCoist leaves Rangers as club confirm 'gardening leave'

Ally McCoist is a Rangers legend, but has now left the club.

Ally McCoist's three-and-a-half year reign as Rangers boss has finally come to an end after the club confirmed he has been put on gardening leave.

It was announced last Monday that the 52-year-old had handed in his resignation but McCoist was adamant when he spoke to the press on Friday that he would see out the 12-month notice period of his contract.

But he lasted just two days more before his time in charge of the Glasgow giants was brought to an end. New chief executive Derek Llambias' first...

Rangers fans turn on Ibrox board

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Rangers launched Ally McCoist's farewell tour with a comfortable 2-0 win over Livingston at Ibrox.

Fraser Aird rifled his side ahead after 10 minutes before Simon Mensing's own goal 16 minutes from time gave the departing boss some light relief after another week of off-field drama.

It was confirmed on Monday that the 52-year-old had tendered his resignation and was now working his 12-month notice period.

The club's record scorer - who first signed for the Light Blues as a player in 1983 - may be in...

 By PA Sport

Rangers announce appointment of Derek Llambias as chief executive

Llambias was named managing director in 2008
Derek Llambias was previously managing director at Newcastle.

Derek Llambias has been appointed chief-executive officer of Rangers.

Llambias joined the club's board as a non-executive member on Nov. 2, having previously been managing director at Newcastle under owner Mike Ashley, who has an 8.9 percent share in the Ibrox outfit.

David Somers will revert to his previous role as non-executive chairman.

Somers said: "I am delighted that Derek has agreed to step up to the chief executive role. This is a successful outcome to the process, announced on Oct. 27,...

Ally McCoist to continue as Rangers' boss despite handing in resignation

Ally McCoist's salary has actually increased since he resigned.

Ally McCoist will continue as Rangers manager for the time being following his first meeting with the Rangers directors since he handed in his resignation.

McCoist held talks with directors in Glasgow on Wednesday afternoon but the club confirmed to Press Association Sport that he would continue preparing as normal for their Scottish Championship fixture against Livingston on Saturday.

The meeting came hours after Rangers confirmed they were fighting attempts by the Scottish Professional Football...