Walter Smith fears relegation for Rangers
The man who spent a fortune on Kyle Lafferty, Lee McCullouch, Madjid Bougherra, Steven Naysmith, Steven Whittaker, Steve Davis, Maurice Edu, Nikica Jelavic, Neil Alexander, James Beattie and Kenny Miller to help win three championships in a row believes that a 12 run transfer ban could sink his old club.
Despite owing money to clubs in Scotland, England, Sweden, Italy and France from Ally McCoist’s summer spending spree Smith believes that the transfer ban is a step too far from the SFA.
“I don’t personally know who was on that panel but I think it should be footballing people,” the former Ibrox boss claimed. “In many ways, they have maybe underestimated the problems Rangers have at the present moment.
“They have gone into administration and they have had to make arrangements with players who, at the end of the season, can walk away.
“In the circumstances they are in, the majority of them might take that option.
“With no way to replace them, it means that Rangers could effectively be playing a team that is full of under-18 players. In that situation, relegation would face the club.
“Despite all the joy that a lot of people might be taking at the situation that Rangers are in, no-one – especially in the SPL – wants to see Rangers leave with the support they carry and the amount of money they bring to the league itself.
“The sanctions they have given would, in my mind, put them in danger of relegation and every club in the league would suffer then.”
Smith was involved in the launch of the Rangers Fans Fighting Fund which has already raised £400,000 for the club.
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