Smith is likely to be offered a directorial role at Rangers and the chief executive Charles Green has said the former manager could hold a position as an advisor and a member of the football board after the club is listed on the AIM.
Ally McCoist embraced the prospect of Walter Smith returning to Ibrox last night and said it would be a "serious foundation" from which the club's new regime could build.
Smith is likely to be offered a directorial role at Rangers and the chief executive Charles Green has said the former manager could hold a position as an advisor and a member of the football board after the club is listed on the AIM.
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