Date: 8th January 2009 at 2:08pm
Written by:

Having found ourselves linked to a trio of Rangers players in recent days and with Birmingham close to swooping for top scorer Kris Boyd, Rangers chairman David Murray has confirmed that a mass exodus of Ibrox will not be taking place. Identifying the CL loss to Kaunas as hitting hard, he said:

‘We have no intention of selling Allan McGregor, Barry Ferguson, Madjid Bougherra or anybody else. There is no pressure to do so from me or the banks. People are asking how bad is it at Rangers?

If we did not take this action, it could have been bad, but there are far worse situations developing around us and I will not allow it to spiral again. Rangers have to be run on a sound fiscal basis.

We did not budget for losing to FBK Kaunas (in the UEFA Champions League qualifiers), we have a squad of 28 players and we simply cannot sustain the level of outgoings compared to what is coming in.

You cannot choose who you may wish to put out the door because it is dependent on offers coming in. We received an offer for Kris Boyd and we felt he was a saleable item.’