RANGERS have appointed former Manchester City chief operating officer Graham Wallace as their new chief executive.

The 52-year-old, from Dumfries, said he was looking forward to the challenge of trying to lead the Ibrox club "back to the pinnacle of the game in Scotland and beyond".

The Dumfries-born businessman will also join the Rangers International Football Club Plc board of directors as well as the club's board with immediate effect.

Rangers have been looking to fill the role since Craig Mather stood down last month.

Wallace has experience in international management and executive roles, including four years at Manchester City, IMG and MTV Networks Europe.

He told the club's official website: "I am delighted to join Rangers Football Club as chief executive as the club continues its journey back to the pinnacle of the game in Scotland and beyond.

"For more than 140 years, this club has been recognised throughout world football and whilst the last few years have been distressing, there is no reason why Rangers cannot be even stronger than we once were before these challenges presented themselves.

"That strength will be built upon strong leadership of the club and the continuing support of the fans.

"I watched from afar as the Rangers support came to the club's aid during the times of turmoil and now it is the turn of the board and management to provide the stability and governance to drive Rangers' recovery forward and ensure further football success."