Rangers legend Walter Smith does not believe that anyone will come in to pump money into the club in order for them to close down the gap between themselves and Celtic.
The Light Blues are continuing to rebuild after their 2012 financial meltdown and have only recently sparked talk of a potential title race with Celtic after a few slip ups by Brendan Rodgers and his men.
The Hoops have a massive financial advantage over their Old Firm rivals but ex-Gers manager Smith has claimed that it’s unlikely that there will be a major investment at Ibrox any time in the near future.
He also claimed that there needs to be clarity over Graeme Murty’s position as manager, with opinions changing on the Ibrox boss seeming to change every week depending on whether the club wins or loses.
“I think it is an important factor for everyone at the club, Graeme Murty as well,” he said, as quoted by Planet Radio.
“The lad has been sitting in the job now for quite a while and you’ve got that in the back of your head that results one week (means) you can be the manager of Rangers, and everyone says that is a great thing for him, the next they are saying he is not the man for the job.”
He added: “I don’t think anyone is going to come with a massive influx of cash to help the team, like at Manchester City or others
“At some stage they have got to find a way to find a level of investment that will help.
“There is no doubt that one of the major things that will help is the settling down of the managerial situation and the next thing is the rise in the level of player that comes into the club and that is still required.”
Football Insider verdict
Two weeks ago before losing to Celtic and Kilmarnock, Rangers fans would have been happy with the idea of hiring Murty, but now it seems that the majority want him to be replaced in the summer. However every name that seems to be thrown their way never appears to win over many fans. The issue is that Rangers have lost the appeal of winning silverware every year. That was a major attraction in the 1990s and 2000s because if you went to Ibrox, you would usually always win a trophy and get to manage a team in the Champions League. Now it’s a rebuilding process and it will stay that way for a few years unless there’s some kind of financial miracle. Murty can do that job and there should be more faith shown in him.
In other Rangers news, fans want this senior man out of Ibrox after a major development at an English club.