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Page last updated at 11:18 GMT, Wednesday, 23 March 2011

Rangers boss Walter Smith unsure of Whyte takeover plan

Ally McCoist and Walter Smith
McCoist will take over from Smith in the summer

Rangers manager Walter Smith is unsure if a takeover will happen after meeting prospective new owner Craig Whyte.

Smith met the Scottish businessman on Friday, with reports suggesting he is close to a buy-out of the Glasgow club.

"I have no inclination what way things will go," said Smith. "Despite the length of time it's been going on, it was the first time I met him.

"He wanted to know how the squad is. He knows I'm leaving, so he won't ask me about the future."

Smith will be replaced by Ally McCoist when he quits at the end of the season, and has told his assistant to proceed on the basis that there will be no change in ownership, despite Whyte's interest.

It should be obvious to everyone there would have to be a continuing downturn if there is no change. So it will be a hell of a task for Ally if there is no change

Rangers manager Walter Smith

"He has to go away and continue the financial aspects; I have no idea what they will be," said Smith.

"It should be obvious to everyone there would have to be a continuing downturn if there is no change. So it will be a hell of a task for Ally if there is no change."

"They'll proceed on the basis there will be no change in owner. They know exactly what's in store if the club remains in the same position.

"You're hoping the takeover takes place. I won't say we're in limbo, but we've been going down this road for the last few years now.

"It has to come to a head at some stage or another. Someone is looking to buy the club at the present moment, so we have to wait and see what happens."



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see also
Whyte ups Gers team cash pledge
08 Apr 11 |  Rangers
Whyte still upbeat on Rangers bid
07 Jan 11 |  Rangers
Whyte holds further Rangers talks
03 Dec 10 |  Rangers


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