Smith steps down

05 August 2013 06:31

Walter Smith has resigned as Rangers chairman and left the board amid a bitter struggle for power at Ibrox.

Smith has stepped down three days after former chief executive Charles Green returned to the club as a consultant and issued a public warning to manager Ally McCoist over his long-term future.

In a statement to the London Stock Exchange, the club said: "Rangers announces that Walter Smith has today resigned from his position as chairman and a director of the company with immediate effect."

Source: PA