Glasgow club in turmoil.
Rangers players have been told to go home and prepare for Saturday’s match against Hearts as discussions on possible staff cuts continue.
With the club’s administrators mulling over various options, players have been in talks with their union.
Manager Ally McCoist has been told that as many as 11 player staff could be made redundant.
If 11 players do go, it is understood that there would also be a 50% pay cut deferred until the end of the season.
Another option regarding the cost-cutting measures at Ibrox involves eight players being axed and other players taking an immediate 50% pay cut.
A third option of a 75% wage cut across the board with no redundancies was discussed on Thursday but that scenario is highly unlikely.
SOURCE: BBC Sport
There will be a fair few Rangers players fearing for the future as the effects of the club’s move into administration start to take effect.
BBC Scotland believes that the running costs for the SPL club from now until the end of the season are approximately £10m and that income during that period will create a shortfall of around £4.5m.
There is a chance according to this source that Rangers may attempt to sell players to clubs who’s transfer windows are still open and it is believed that some negotiations in this regard are ongoing.