Rangers in crisis: Ally McCoist admits he has 'taken a step back from the brink' after considering quitting After the talks with Green, McCoist said: "I've reassessed my position and taken a step back from the brink. As things stand at the moment I am still manager. Green has faced pressure to sell his club to a consortium led by former Rangers manager Walter Smith and McCoist stressed that the future of his club was all that mattered rather than his future and his relationship with Green did not matter. "So let's just see what happens but it must always be the right thing for Rangers," he added. McCoist was warned about his future by Dave King, who is a director of the original Rangers company, which was consigned to liquidation this week. King claims Green said he would not continue with a manager at the wage level McCoist is on, during a phone call when he was asked to invest in the new company. But Green urged McCoist to stay on and dismissed the story as "rubbish" after completing his £5.5million purchase of Rangers' assets and business on Thursday. King has vowed to travel to Glasgow from his home in South Africa in the coming days to help Smith's consortium plan their potential bid to Green. The Sevco consortium publicly hinted they would not accept anything less than £20million to immediately sell on the new company but many fans are holding off on buying season tickets as they back Smith. However, oneof Green's closest business partners claims the former Sheffield United chief executive will stand firm. Mike McDonald, who was chairman at Bramall Lane and plans to invest in transfers with Rangers, told the Daily Mail: "Charles has saved the club. And look at the thanks he is getting. He has done exactly what he said he would do. And he can take the abuse, be in no doubt. Where were Walter Smith and his team when David Murray and Craig Whyte were running the club into the ground? The takeover attempts come as the Scottish Premier League board prepare to meet on Monday, after next season's fixtures are published, to discuss an application from Green's Rangers to join the league. Fourteen days' notice is required for the 12 clubs to meet to vote on the proposal, leaving July 2 as the likely date for the club's league status to be resolved. The SFA aims to push through a merger of the Scottish Premier League and Scottish Football League in time for the start of the new season. The governing body also wants to introduce a fairer system of income distribution and a pyramid system. One SFA source told BBC Scotland: "We are at a situation of critical mass. Someone has to take a lead and sort out the internal bickering and point scoring and also to ensure that the Rangers situation never happens again. Striker Gary Glen has joined Ross County on a one-year deal, following his release from Hearts. The 22 year-old made his Hearts debut in 2007 and went on to make more than 50 appearances for the Tynecastle club.