RANGERS' management, players and staff remained locked in a painful damage-limitation exercise last night as tense negotiations continued about the extent of job losses facing the crisis-hit club.
A projected cash shortfall of around £4.5m has to be covered between now and the end of the season, and a brutal cost-cutting regime will be confirmed by the club's administrators today.
There was a stay of execution for players and other club staff who had feared administrators Duff & Phelps would announce redundancies at Ibrox yesterday.
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