McCoist wants answers over Rangers chaos

17 February 2012 14:17

Rangers boss Ally McCoist admitted Friday he was baffled by the financial chaos embroiling the club, demanding answers for the crisis which has forced the Glasgow giants into administration.

In his first press conference since the crisis escalated earlier this week, McCoist said he had been surprised by some of the revelations which had emerged in recent days concerning the finances at Ibrox.

Rangers entered administration after it emerged the club owed some £9million in unpaid taxes which had accumulated since Craig Whyte took over last year.

"Well I have to inform you that I am as surprised at some of the revelations as the next man," McCoist said. "Of that there is no doubt.

"The one thing I would say to you is that I'm a Rangers supporter and I want some answers, I would like some answers.

"Today probably isn't the right time to go into that in greater detail. The most important thing for everybody at the club is the game. But like every Rangers supporter, I would like one or two questions answered."

McCoist said he had not spoken to Whyte since news of Rangers administration broke on Tuesday, insisting he had tried to remained focused on Saturday's game against Kilmarnock at Ibrox.

"The way things are currently, my most important thing is focusing my team on the game tomorrow," he said.

Administration is the process whereby a troubled company calls upon independent expert financial help in a bid to remain operational.

Rangers are also awaiting the verdict of a tax tribunal that could leave the 140-year-old club with a bill of up to £75 million, according to Whyte.

Source: AFP