Rangers have delisted from AIM stock exchange after failing to find a nominated advisor.

The company were given a month to find a new adviser following the resignation of WH Ireland after Dave King gained control of the club.

In a statement to the stock exchange, the club said: On March 4 2015 the company announced the suspension of trading on AIM following the resignation of its nominated adviser ("Nomad"), WH Ireland.

"The resignation was unexpected, as WH Ireland had previously indicated that it would assist the company in effecting a smooth handover to a new Nomad following the General Meeting on March 6.

"During the course of the last month, the new board of directors has been working hard, to a tight timescale, with a prospective new Nomad to complete an appointment.

"Unfortunately, it has become apparent that this will not be possible."

Club bosses said it is expected that "cessation of the listing" of the company's shares on AIM will become effective from opening of business on April 7.