Charles Green has offered former manager Walter Smith a spot in his new hierarchy at The Rangers FC.
Green yesterday completed a £5.5million takeover of Rangers, with the club to reformed as a newco, and has warned Smith not to rival his regime but instead to join it otherwise he will have to fork out around £20million if he wants to acquire the club.
It had emerged that Smith had put forward a bid to administrators Duff & Phelps, which Green is aware of, and the new Ibrox chief executive is open to the multiple title-winning manager to joining him on the board.
"All I can say is that no one has approached me with a bid to buy the club. It's effectively me in the hotseat now.
"I want to get rid of the negativity because it's frustrating. Let's pull together and if Walter Smith wants to be chairman of Rangers Football Club football board then I'll appoint him at nine o'clock in the morning.
"Ally McCoist and Walter have been friends for a long time and if there's a chance Walter will put a bid together then Ally would support Walter. I'd expect that.
"But the reality is there's no benefit to Rangers having these groups.""We'd like to form a football club board and it's in that context I'd raise the matter of Walter Smith, who has announced he wants to acquire the club," Green said.
