McCoist unsure of transfer pot

Rangers boss Ally McCoist admits he has yet to be told how much he will be allowed to spend on his playing squad next season.

McCoist is desperate to add to his current party with the League One champions certain to face tougher opposition against full-time clubs in the Championship.

Rangers chief executive Graham Wallace has ended his 120-day review of the club's expenditure and is expected to publish his findings over the next seven days.

And McCoist, who has made no secret of the fact he needs to strengthen his squad, should find out his fate soon after.

Speaking ahead of his side's trip to Stenhousemuir, he said: "I have not been told what the budget is for next season yet.

"We are ready to go but at this moment in time we can't plan because we don't know if we can get players in or we can buy players. We don't know what our squad or our budget is going to be next season.

"As soon as we know that then equally we can react to some of the players that are out of contract as well. It is not an ideal situation for anybody because you would like to let players know as quickly as possible what the plans are for next season.

Asked if he would have expected to know the size of his kitty by now, McCoist added: "It's common knowledge that Graham and the board are doing a review so we will wait to see what the outcome of that is. And then I think it is safe to say we will be told then, which is absolutely fine.

Despite the parlous financial state the club finds itself in, McCoist is adamant neglecting the shortcomings of the playing squad is not an option.

"We need to strengthen, of course we need to strengthen," he said. "But I wouldn't like to put a figure on it.

"Look at our forwards at the moment. Templeton is injured, Little is injured, wee Clarky hasn't been 100 per cent, big Jon has been fantastic for us in terms of goals as well but he could probably have done with a bit of a rest but we have not been able to do that due to injuries.

"So we need to help these guys and definitely strengthen in most areas of the park."