Ally McCoist will be consulted on any redundancies among his playing staff.

The Rangers manager, who insisted yesterday he had no intention of walking away from the post, met Paul Clark of Duff and Phelps yesterday at Murray Park where players were told that a review of staffing would be necessary after the club went into administration earlier this week.

Clark said he had told the players that they ''would be informed of developments as soon as possible'', adding: ''It will be next week at least before there are any decisions taken in this area.''

McCoist, who described the meeting with the administrator as constructive and positive, was also adamant that events would not force him to leave his job.

"This is my club, the same as it is for thousands and thousands of Rangers supporters. We don't do walking away," he said.

Administrators were appointed to the club on Tuesday only nine months after a takeover by Craig Whyte.

Asked if he trusted Whyte, McCoist replied: "Absolutely. We have to keep going. We are in a position at this moment in time where the club is maybe as low as it has been – possibly ever. We have to put our trust and our faith in getting the club to a better place and the future will hopefully provide that.''

On redundancies, McCoist added: "To be fair to Paul, he didn't say it was inevitable. He said it was a possibility.''

McCoist indicated he was not asked to identify criteria whereby players would be axed, but Clark said in a news conference later that the manager would be consulted on any redundancies.

Clark said: "We had a good, productive meeting with Ally this morning and it was apparent we are able to work together to find the right solution. He and I agreed that we will speak on a regular basis and meet as regularly as we need to. So from that you can assume that Ally will be involved and will be discussing any changes on the playing side."

The administrator could shed little light on the status of Daniel Cousin. The striker's signing – subject to international clearance – was announced by the club on Monday but he has not yet been registered with the Scottish Premier League.

Clark said: "Daniel was at the training ground this morning and he was one of the people that was in the audience when I addressed the players. We are working to see whether that is still a possibility.''

The administrators are hoping to have the club's finances in order in time to meet requirements for a UEFA licence to play in Europe next season.

"That is something that we are addressing at the moment because it is one of the requirements to retain European footballing status, that we complete those accounts," said joint administrator David Whitehouse.

"We will be doing everything we can to meet that [UEFA] deadline.''