Rangers boss Ally McCoist is "extremely disappointed" with the Scottish Football Association over their decision to enforce a transfer embargo on the club.
Scottish football's governing body said Charles Green's newco had agreed to a transfer ban beginning on September 1 as a "primary condition" of gaining membership of the SFA, and therefore being granted permission to play in the Irn-Bru Third Division next season.
"I am extremely disappointed that the SFA chose to release a statement last night when the club has not actually signed any agreement," the Gers boss told the club's official website, rangers.co.uk."The club is trying to get to a position where we can plan for the season, which starts in only eight days."
The agreement, which remains subject to final ratification, appeared to give McCoist the green light to add to his threadbare squad ahead of the embargo coming into force.
McCoist added: "We have had meetings with the SFA all week to discuss membership but I had to leave the final meeting as I could not support the sanctions they were trying to impose.
"The decision has already been taken to place Rangers in Division Three and we have accepted that, along with many more punishments.
"However, operating with an embargo on an already depleted first-team squad - even with a window to sign players - will make the task ahead an extremely difficult one.
"It is important to remember we have already had a 10-point deduction from the SPL, lost our Champions League place for finishing second last season, had a £160,000 fine, been refused entry to the SPL, been relegated to Division Three and lost the majority of our first-team squad - yet still the governing body has chosen to impose further sanctions.
"The transfer ban has been strongly resisted by me, the management team, the directors and supporters."
Source: PA
