Derek McInnes has insisted he would not be persuaded to jump ship to take over at Rangers once Ally McCoist heads for the Ibrox exit.

The Aberdeen manager was adamant that he still had a big job to at Pittodrie and stressed he felt questions on the issue were unfair on his former Light Blues' team-mate.

Days after Stewart Milne, the Dons chairman, said his young manager had only just started on his Pittodrie project, McInnes concurred and said he was not interested in becoming the manager of the troubled Championship side.

Already, his and the names of two other former Rangers players - Billy Davies and Stuart McCall - are being linked with the job.

"I'm really happy here and I think it is unfair," he said. "There is still a manager in place at that club, he's a friend of mine as well. I have no desire to leave Aberdeen at the minute."

Earlier in the week, the Pittodrie board rubber-stamped a restructuring of their finances to wipe out a near-£15m debt, as shareholders were assured McInnes was there for the long haul.

He added: "I'm really enjoying myself at Aberdeen and I feel we have work to finish. There's a lot to be said about being happy at your work and I'm extremely happy here.

"We shouldn't underplay the news this week. The players and the staff think it is brilliant news. Huge congratulations to everybody involved in that deal from the bank to the directors, investors, certainly the chairman.

"It has been something that has hung about the club for so long and it does give us an opportunity to maximise where we are as a club.

"But we reiterate the chairman's words - it doesn't mean all of a sudden everything is rosy in the garden and we can start splashing cash everywhere. What it does do is give us the opportunity to make better decisions.

"I work closely with the chairman and the board, I know what I have to work with. We have used the budget well this year and we have to continue to."

McInnes also underlined his hope that the messy racial abuse affair in which Celtic midfielder Aleksandar Tonev called Shay Logan, the Dons full-back "a black c***" would now be put to rest now that a SFA appeal agreed with the initial finding that the Bulgarian was guilty of the slur.

"We have always supported Shay," he added, "just as we would support any of our players or employee who had been wronged.

"We are back to where we are before the appeal was made. Now the appeal has been completed I think we can all move on now; that is important."