Date: 19th November 2017 at 6:50pm
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Sevco have suffered the humiliation of losing out on a managerial target to Sunderland!

According to a report in The Sun representatives of Chris Coleman held talks with the Sevco hierarchy on Friday before opting for the Championship strugglers.

Sunderland are regarded as the biggest financial basket case in English football with chief executive Martin Bain trying to get the sums to add up to avoid dropping into League One.

Coleman’s contract with Wales ran out in midweek meaning that no compensation fee would have been required to take him to Ibrox.

A salary in the region of £750,000 per year was requested but that proved too much for the club that splashed out £3m for Carlos Pena in the summer.

With £1m compensation required to release Derek McInnes from his Aberdeen deal the odds on Alex McLeish have come crashing down with the former Nottingham Forrest boss desperate for a job to pay off his £1.7m EBT liability.