Rangers boss Walter Smith is delighted with the transfer backing he has received from chairman Sir David Murray.

Smith has splashed out over £10million on new players and he admitted: "We never thought we'd have that amount.

"The one thing the chairman was happy with was that the investment was mainly made on younger, Scottish players. There wasn't going to be a problem with them coming in and settling down and playing.

"They had already shown they could play in this division, and in a sense they were assets although we aren't taking them to sell them, they are to bring stability.

"We had a situation within the club where a lot of players were coming in, staying for less than a season and having to leave again. We needed a bit of stability and I'm hoping these young boys can bring us that."