Smith Urges New Owner To Invest
As Walter Smith steps down as the teams manager he's calling on new owner Craig Whyte to make sure he puts money into the club.
This season Smith led Rangers to a third successive SPL title, a 5-1 win at Kilmarnock yesterday seeing his side beat Celtic to the trophy by a point.
And Smith then instructed Whyte to entrust new boss Ally McCoist with funds to strengthen the squad.
Smith said: "Unless there is a significant investment then the team will stagnate. They just can't continue to do what they have been doing at the present moment.
That is regardless of if I was the manager or anybody. Next season will be a problem.
Hopefully, that will be looked at by the owners. But I don't think the new owner would have bought the club unless they were happy to put money into the team.
The team needs a boost. He would be blind if he didn't realise that."
Smith has been operating with a smaller squad and tighter budget than during his first spell as boss at Ibrox, during Rangers' run of nine straight SPL titles.
However, last summer he spent £4million on Croatian striker Nikica Jelavic - a player who missed much of the season through injury but has provided a ``different dimension''.
Smith added: "I don't think Jelavic will leave this summer.."