|Ally,Lifelong Rangers fan celebrates with the SPL trophy in 2009.|
We have known it was going to come but today Ally was officially confirmed as Walter Smith's successor when he leaves his post at the end of the season.When Walter agreed to stay another season in June it was agreed then that 'Super Ally' the Rangers legend who scored 355 goals in 581 appearances for the club, would be his successor and become only the 13th manager in Rangers' history would take over in a years time.
6 months on from this current Assistant manager McCoist, 48,who has been groomed as Smith's successor since the pair returned to Ibrox in January 2007 agreed a one year rolling contract in which current coach Kenny Mcdowall will become his assistant.
There has been recent speculation that Ally who once had a job working as a commentator for various companies would be joining Sky Sports to replace fellow Scot Andy Gray but no concrete evidence yet and it looks like this story has now been put to rest.
Beaming with delight McCoist paid tribute to a man he believes is one of the top managers in world football and perhaps Rangers' best-ever.
"Working under Walter has been an incredible experience and it is a bit like taking the mike from Frank Sinatra - a difficult act to follow," he said.
"I'm thrilled to bits, it's as exciting a time as I can think of.
"I was lucky enough to play for the club for 15 years, but this is an absolute dream and a privilege.
"Martin and I had a few discussions - and Walter was heavily involved - and, once I was offered the job, my automatic reaction was to say yes.
"Rangers have always been my team. I know the club inside out, I know the people, the fans, the players and I know how important this football club is to everyone and hopefully I can bring them success."
At present it appears Ally will have little funds to strengthen his team in which 2 senior players are out of contract and 4 loan signings will return to their parent club in the summer.In the past few years Lloyds banking group have tightened the strings on Rangers currently owned by Sir David Murray who's holding company owe a large sum of money to Lloyds and has lead to Murray passing on his role as chairman at Ibrox to Alistair Johnston.
Speculation over a takeover at Rangers has been highly publicised in the last few months when Craig White,A Scottish tycoon declared an interest in buying the Glasgow club,It has since emerged that White may indeed be a Rangers fan.He is also in contact with a man,Andrew Ellis,a property developer who at one time was thought to be on the brink of a takeover but talks stalled when he was unable to provide the funds for the takeover.
Rangers are also at the front of a tax case from HMRC which has been going on for nearly a year and as of yet no decision.
White was quoted in national newspapers upon declaring his interest in buying the club and said that McCoist was the man for the job if he did manage to take over.
So,Is the Rangers takeover imminent or is it dead? There are arguments to back up both sides but only time will tell...
Expect to see more on it here soon.
Congratulations to Ally McCoist also.!