Walter Smith has resigned as Rangers chairman with immediate effect, the club have announced.
It is believed that the former manager, 65, who has only been in the non-executive position since May, leaves the club because of infighting at Ibrox.
Reports emerged yesterday that Smith was considering stepping down and the club confirmed the news this afternoon in a short statement.
According to BBC Sport, Smith is expected to release a statement outlining his reasons for quitting.
