- Associated Press - Sunday, December 21, 2014

GLASGOW, Scotland (AP) - Days after handing in his resignation, Ally McCoist negotiated his departure as Rangers manager on Sunday to leave the fallen Scottish power in turmoil.

McCoist, who has been in charge since 2011, announced Monday his intention to quit his position and triggered a 12-month notice period.

However, the Glasgow club said in a statement released Sunday that McCoist “is relinquishing his duties as manager” and will complete his notice period on gardening leave.

“We would like to thank Ally for all his hard work and dedication over the last few years,” the club said, “but we feel it is now in the best interests of all parties to move on.”

Rangers, which has won a record 54 league titles in Scotland, was demoted to the bottom tier of Scottish football in 2012 because of a financial meltdown. The cash-strapped club is now in the second division after successive promotions, nine points behind league leader Hearts.

McCoist, who is also Rangers’ record goal scorer, has led the club through arguably the most turbulent period in its history.

It is currently facing uncertainty in the boardroom, with the Scottish Football Association last week launching disciplinary proceedings over its ownership and accusing Newcastle owner Mike Ashley of having an undue influence over Rangers.

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