Rangers manager Ally McCoist hopeful of Mike Ashley funding

Rangers manager Ally McCoist looks on from the stand during the pre season friendly match between Rangers and Newcastle United at Ibrox Stadium on August 06, 2013
© Getty Images
Ally McCoist reiterates the importance of Rangers receiving further backing off the field, following reports that Mike Ashley could invest in the club.

Rangers manager Ally McCoist remains hopeful that off-field issues at the club can soon be rectified.

Reports emerged earlier this week suggesting that Newcastle United owner Mike Ashley could invest in the Gers in the wake of director Philip Nash's recent resignation.

Following his side's comfortable 3-0 victory against Dumbarton, McCoist was quick to welcome the news.

"I have said all along investment for the club would be required," he is quoted as saying by Sky Sports News. "That hasn't changed. Hopefully we will get investment at some point."

Rangers are currently second in the Scottish Championship table, six points adrift of leaders Hearts.

Newcastle owner Mike Ashley looks on before the Barclays Premier League match between Cardiff City and Newcastle United at Cardiff City Stadium on October 5, 2013
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