15 Dec 2014 07:00
15 December 2014
Rangers International Football Club plc("Rangers" or the "Company")
Resignation of the Football Manager
Â
The Company announces that Alastair McCoist, manager of the first team squad, has resigned. His service contract dated 28 December 2010, which was subsequently amended, has a 12 month notice period ("Notice Period"). The Directors will hold discussions with Mr McCoist to seek an amicable solution in the best interests of the Company, and expect to be in a position to make a further announcement before the end of the week. During the Notice Period, Mr McCoist's salary will increase significantly to GBP750,000 per annum.
For further information please contact:
Â
Rangers International Football Club plc | Tel: 0141 580 8647 |
David Somers | |
WH Ireland Limited | Tel: 020 7220 1666 |
Adrian Hadden / Tim Feather | |
Newgate Threadneedle | Tel: 020 7148 6143 |
Roddy Watt / John Coles |
Â