WALTER SMITH is staying on as Rangers manager for one more year and then he will hand the reins over to Ally McCoist and Kenny McDowall. Smith and his backroom team all agreed new deals today. The contracts were signed tonight at Murray Park with Chief Executive Martin Bain and it ends weeks of uncertainty and worry for the Rangers supporters. Smith, McCoist and McDowall had all been working without contracts since January and there were fears that they may leave the club this summer. However, the men who delivered back to back SPL titles will be on board for the charge for three in a row next season.