ALLY McCOIST, the Rangers manager, does not expect to lose any players in the remaining days of the transfer window despite the latest grim financial forecast for the Ibrox club.

Rangers yesterday confirmed their intention to try to raise £4m via a share issue and warned they faced an "uncertain" future if there was not sufficient take-up of the offer. That would lead to creditors not being paid and the directors seeking emergency funding "which may or may not be available".

Despite a worsening financial picture - with only 23,000 season tickets sold - McCoist's squad has remained largely intact over the summer, with the manager able to bring in five new players to replace the five who have departed. Selling assets such as Lee Wallace or Lewis Macleod before Monday night's transfer deadline would ease the club's financial predicament in the short term but McCoist, who would only discuss football matters at his weekly press conference, did not envisage losing anyone from his squad.

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"I would obviously hope as a manager [that bids would be turned down]," he said. "If I'm happy with my squad then you don't want to see it being depleted. But I do know what's involved in football and I know that sometimes people make decisions that can alter your squad.

"I can understand that, but I would hope that no bids come in for any of the players. We'll just have to wait and see what happens. If we did lose someone we'd just have to regroup and get on with it. I'm expecting to go with the squad we've got.

"I'm happy with the squad I've got. In an ideal world, we'd have tweaked it a wee bit here and there but we have a good of players. We have strengthened up front and at the back."

McCoist revealed he would have liked to have signed even more players but realised that was now unlikely. "Like every other manager and coach in the country, I would like to add a little bit here and there. Without stating the obvious, in the current climate I don't see much incoming activity. But if we don't have the opportunity to do that then I'm delighted with the boys I've got."