Rangers players take cut

Rangers confirmed players have agreed a wage-reduction deal that secured jobs at the club.

Administrators Duff and Phelps say there are minor issues to be resolved but a deal is in place to keep the playing squad intact and prevent redundancies among the general workforce.

Players have agreed cuts ranging from 25-75% while coaching staff have also accepted reductions, while administrators confirmed midfielders Mervan Celik and Gregg Wylde had volunteered to leave the club.

In a statement, joint administrator Paul Clark said: “The agreement on very substantial wage reductions and voluntary departures from the club represents a major sacrifice by the Rangers players.

“There are a small number of matters still to be dealt with over the weekend but we do not believe these will be insurmountable in the completion of an agreement. The players deserve great credit.”

Clark would not disclose how many players had forgone 75% of their wages, only saying it was a “large number, and refused to divulge details on any interested parties.

Wage cuts will last until the end of the season.