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Ally McCoist claims Rangers can be back in the Champions League in five years

The club was demoted to the bottom tier last season

Boss Ally McCoist believes Rangers can be back in the Champions League in five years time with the continued backing of their fans.

Liquidation and demotion to Scottish football's bottom tier last year meant no European football for the foreseeable future for the Light Blues.

But, having completed stage one of their journey back to the top by winning the Third Division title last season, McCoist is confident that Rangers' rise can be a rapid one.

He told RangersTV: "The five-year plan for us is quite simple - we need to be back competing in the Champions League.

"At the end of five years, you would be very, very hopeful that's where the club can be.

"We will need the fans' help again. They have been absolutely outrageous in their support for this club but we need it again and we will need it continually.

"With their support, I believe the five-year plan will be fulfilled and that will be Rangers in the top flight of this country's league and at the top of it, winning leagues and cups and getting into the Champions League."

For now, as well as targeting the Second Division championship, McCoist is hopeful of success in the cup competitions in the new campaign.

He said: "We go in to win every competition we are in. I'm of the opinion that we are far better placed this year to challenge in the cups.

"We should be hoping for a good cup run and success. We are not in a position to say we are going to win this and we are going to win that.

"We are in a position to have far greater hopes and desires to do better in the cup competitions."

Meanwhile, McCoist defended his decision to recruit so many new players ahead of next season, having signed several top-flight standard players last year.

Seven new faces - Cammy Bell, Jon Daly, Nicky Law, Arnold Peralta, Steven Smith, Richard Foster and Nicky Clark - have agreed moves to Ibrox and McCoist is keen to bolster his squad even further.

Asked if the club needs so many new signings, he said: "Of course we do because we are a completely different club to any other club in Scotland.

"As everybody saw last year, when Clyde and Stirling Albion and Elgin play against Rangers, it's a different Clyde and Stirling Albion and Elgin that will play Berwick Rangers.

"For that reason, we certainly need to be stronger because we are playing higher tempo games and we need to have a bigger squad.

"The Rangers fans deserve the best players they can get and the best team they can get. By that I mean the one that we can afford to put on the park."