Former Rangers manager Ally McCoist has come to an agreement with the club over his right to compensation following his contract termination.
The Scot has been on gardening leave since he was asked to leave the role in December. Having taken over from Walter Smith as manager in 2011, McCoist helped the club through tough times as off the field issues almost saw the club cease to exist.
Following the announcement of the agreement between club and manager, McCoist spoke out about his gratitude to the Gers fans.
“Most of all I want to express my gratitude to Rangers fans everywhere. They were superb and they backed my staff and me.
“They also stood firm when their club was in dire straits and even at the bleakest moments they did not flinch.
“They are the heart and soul of this club and no-one should ever forget that. Quite simply they are the best.” He told the clubs official website.
McCoist is Rangers all time leading goal scorer, as he finished his playing career with the club with a total of 382 goals from 649 appearances. He eventually shadowed Smith as assistant manager of Scotland whilst he was in charge, and when he made the move to Rangers to take over the vacant managers job, McCoist joined too.
Instilled with the difficult task of trying to bring joy back to the Rangers fans following financial difficulties, McCoist started the 2012/13 season with the Gers relegated to Division three.
He managed to lead the club to successive promotions, but the team struggled to catch the pace set by eventual Championship title winners Hearts last year.
Despite missing out on promotion back to the Scottish Premier League last season, despite been favourites, Rangers are once again hot favourites to do so this time around – and it’s easy to see why after the incredible start the club to the season they have made.
Depending which bookmaker you choose Rangers are as short as 1/20 (with Boyle Sports) for the title and the best odds to be had is 1/14 (32 red) which really highlights how certain people are over promotion this time round. Checking odds comparison sites such as Fortune Palace show how little value there is to be had on a Rangers promotion so sign up offers are your only hope.
When the inevitable happens and Rangers are promoted McCoist must still receive praise for getting the Ger’s into this position something they could surely not of dreamed of when the crises began a few short years ago.
The club’s chairman Dave King told the press McCoist “remains one of the most significant figures in this club’s history”.
He went on: “We are grateful for Ally’s continued consideration for the club by accepting early termination – which he was under no obligation to do.”
So what next for McCoist? He was in the running for the Aston Villa job last season, at one point been only 10/1 for the post (with Coral) so the big clubs are surely still interested but it appears Ally wants to take a break from management for the near future anyway with his immediate sights set on TV roles.