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Ally McCoist plans to be cautious when Rangers have their transfer embargo lifted

Thursday 20 December 2012 20:39, UK

Ally McCoist: Will be cautious when Rangers re-enter the market.
Image: Ally McCoist: Will be cautious when Rangers re-enter the market.

Rangers boss Ally McCoist says he will be careful with the large transfer budget he has been promised following the club's share issue.

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No figure in mind

The re-launched Rangers have begun life in the Third Division after they were liquidated last summer and McCoist says he has not put a number on what they will need to spend in order to climb into the top flight. "I wouldn't say I've looked at a figure to get us out of the SFL," he added. "I've not looked at it in great detail. At this moment in time, we are doing absolutely fine. "We won't have any money to spend anyway, for the foreseeable future, so we are just hopeful we've got enough to get out of this division. "I don't sit back and say I need a figure to get out of the SFL. I haven't done that at all."

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