Rangers manager Paul Le Guen has left the club by mutual agreement. The Frenchman ruffled Rangers feathers on Monday when he stripped club skipper Barry Ferguson of the captaincy, claiming that the Scotsman was undermining him and that nobody was bigger than the club.

Despite a win without the captain, the Rangers fans were vocal in their disapproval before and after the game, and it has since become clear that many do feel Ferguson is as big, if not bigger, than the club.

The former Lyon manager claimed that he had the backing of the club when he made his decision but said today: "I am disappointed to leave the club, but I think it is the best solution for all concerned.

"I would like to thank all the people who helped me and my team during my spell in Scotland.

"In particular I would like to thank the directors who at all times gave me their total support."

The Frenchman took charge in the summer and presided over a disappointing season so far, with Rangers 17 points behind leaders Celtic in the Scottish Premier League.

Le Guen was hugely successful in French football with Lyon, helping them win three successive Ligue 1 titles.

However, his departure makes him the shortest serving Rangers manager in the club's history, having served just seven months.

Rangers executive chairman Sir David Murray said this afternoon: "Having met with Paul it was clear that in the interests of the club and all concerned we agreed jointly to him stepping down as manager."

Murray added: "We are all clearly disappointed with our current circumstances and will now focus on securing a suitable replacement.

"I would like to wish Paul and his management team well in the future."

Reserve-team coach Ian Durrant will take charge of training tomorrow.

Rangers play Dunfermline on Sunday in the Scottish Cup.