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Walter Smith tracks American internationalist Stuart Holden

Walter Smith has identified Stuart Holden, the ­American internationalist, as his primary transfer target should he find himself in a position to add to his squad during the January transfer window.

The financial situation at the club dictates that no new players will be arriving at Ibrox until a takeover has been completed. It is understood there are a number of parties still interested in gaining control of the SPL champions.