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Rangers McCoist looking for bargain buys at World Cup

Rangers assistant manager Ally McCoist , is using his time as a television pundit in South Africa to scout for new players. For the first time in almost two years, Rangers will have money to spend in the close season after the debt-laden club agreed a business plan with Lloyds Bank.

But McCoist warned they will be shopping in the bargain basement, telling BBC Scotland: "I have been watching all the games, but I am looking at teams like Australia, New Zealand, Honduras and teams like that to see if there is anything knocking about.

"I am not saying we don't have anything to spend, but any money we do get, we will have to spend very, very wisely."

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