The million a year that Rangers cannot afford
It really is one of the biggest
elephants in Rangers’ room. Ally McCoist, who handed in his notice last year,
remains on the Club’s payroll, ‘earning’ £72,000 a month while on the famously
monikered ‘Garden Leave’.
elephants in Rangers’ room. Ally McCoist, who handed in his notice last year,
remains on the Club’s payroll, ‘earning’ £72,000 a month while on the famously
monikered ‘Garden Leave’.
It had been assumed McCoist would
hand in his final resignation a week or two into the new regime’s tenure, but
over two months after King and Murray won the EGM, McCoist continues to receive
a salary for doing absolutely nothing.
hand in his final resignation a week or two into the new regime’s tenure, but
over two months after King and Murray won the EGM, McCoist continues to receive
a salary for doing absolutely nothing.
It is a subject Rangers’ board
refuses to discuss in any more depth than Paul Murray saying on two occasions;
refuses to discuss in any more depth than Paul Murray saying on two occasions;
“We will have to sit down (with Ally (and
Kenny)) and have that conversation.”
Kenny)) and have that conversation.”
But no indication of such a
conversation taking place has ever emerged, and if it has, there has been no
report of the termination of McCoist’s salary.
conversation taking place has ever emerged, and if it has, there has been no
report of the termination of McCoist’s salary.
This issue completely divides
Rangers supporters, some of whom do not deny the former Rangers striker the
right to his wage, given his loyalty in 2012 and the sheer weight he took on
his shoulders along with the late Sandy Jardine.
Rangers supporters, some of whom do not deny the former Rangers striker the
right to his wage, given his loyalty in 2012 and the sheer weight he took on
his shoulders along with the late Sandy Jardine.
And this argument has some merit –
but others are more critical, stating a ‘real Rangers man’ would have quit to
save his beloved club cash it cannot afford, now that it is ‘in the right hands’.
Especially given he is already a multimillionaire himself.
but others are more critical, stating a ‘real Rangers man’ would have quit to
save his beloved club cash it cannot afford, now that it is ‘in the right hands’.
Especially given he is already a multimillionaire himself.
Indeed, many even believe his
refusal to quit when Llambias and Leach were in power was a protest against
Rangers’-then regime, and that when the proper takeover occurred, he would step
down.
refusal to quit when Llambias and Leach were in power was a protest against
Rangers’-then regime, and that when the proper takeover occurred, he would step
down.
That has not happened.
Ally McCoist continues to draw
around £850,000 a year from Rangers, making him the highest-paid employee at
the Club.
around £850,000 a year from Rangers, making him the highest-paid employee at
the Club.
For doing nothing.
Make of this what you will.