Newco Rangers boss Ally McCoist has said that the club is willing to start next season in the Scottish Third Division if it means an end to their "punishment".

The Gers coach revealed that the majority of the team's supporters believe dropping to the fourth tier is what is best for the Glasgow giants.

The reformed Rangers' efforts to rejoin the Scottish Premier League were thwarted when the vast majority of current top-flight sides voted against their induction.

McCoist told RangersTV: "Like everyone else involved at our club extremely disappointed is putting it mildly.

"We are now in the hands of David Longmuir at the SFL who is certainly a man that Charles [Green] and I trust implicitly. He is a good honest man that I firmly believe has the best interests of Scottish football at heart, of that there is no doubt.

"Out of all the characters involved in this situation I think David and his member clubs have been very unfortunate to have been put in a position where they have to make a decision.

"Whatever decision they reach we will accept. Having said that from my meetings with our supporters, and the vast majority of SPL chairmen have been listening to their supporters, which is great, I'm all for it.

"We had a meeting with our supporters last night and the vast majority of them - in the region of 75-80% - have said enough is enough, let's go to SFL 3.

"Our good friends at Celtic across the city issued a statement that stated that integrity was of paramount importance to Scottish football and we totally agree with that, and I would imagine the vast majority of all SPL chairmen agree with that statement."

The Scottish Football League will make a decision on Rangers' fate on July 13. Either Dundee or Dunfermline are expected to take their place in the top flight.