Rangers make no announcement on redundancies

01 March 2012 02:17

Rangers' administrators will not make an announcement regarding job losses at the club on Thursday.

Reports suggested a number of first-team players were set to be axed as part of the cost-cutting process. However, an announcement on redundancies will not be made until Friday at the earliest.

A statement from the administrators read: "Duff and Phelps, the administrators of Rangers Football Club, advise all media there will be no announcement today in relation to staffing levels in any department of the club."

It added: "Discussions are ongoing regarding potential cost-saving measures and announcements will be made at the earliest opportunity, most likely tomorrow."

Source: PA