DAVE KING has revealed Rangers have a blueprint to redevelop Ibrox as part of plans to coincide with the club's 150th anniversary.

The Light Blues chairman addressed shareholders at the Annual General Meeting in Glasgow on Thursday morning.

The agenda largely focused on the search for a new manager following the sacking of Pedro Caixinha five weeks ago.

But supporters also quizzed King and his directors on the prospect of a safe-standing area at Ibrox and the allocation that Celtic receive for Old Firm matches.

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Rangers have spent significant funds on work around the stadium since regime change two-and-a-half years ago and that is set to continue in the coming seasons.

King told RangersTV : “A lot of the work we’ve done over the last couple of years has probably not rightly been termed ‘improvements’.

“I think what we’ve done is refurbishing and repairing a stadium that had become dilapidated to get it back to being fit for purpose and something Rangers supporters should be proud of.

“We’ve spent a lot of money on that side and we’ve already committed another several million to improving it.

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“There are areas – roofs, within the stands, painting – there’s a whole bunch of things that we need to be doing there.

“As far as improvements are concerned, we’ve got some very ambitious plans, both on our own and working with the council for project 2022.

“We’re looking at complete improvement and refurb of the surrounds of the ground and really redeveloping the stadium completely.

“And that would be a very, very significant improvement in terms of the matchday experience for fans.”