WALTER Smith has ruled himself out of contention to become the new manager of Scotland.

The 69-year-old former Rangers and Everton boss was being considered for a second spell in the Hampden Park dugout despite retiring from management seven years ago. 

However, Smith is now understood to have pulled out of the running following talks with the SFA. 

Read more: McNamara, MacKinnon, Dempster and McLeish understood to be on shortlist to succeed Regan

Smith emerged as the leading candidate to replace Gordon Strachan after Northern Ireland manager Michael O'Neill rejected an approach last month.

Scotland have been without a manager since Strachan's departure in October 2017 and have friendly matches lined up against Costa Rica and Hungary on the 23 and 27 March. 

Malky Mackay, Stuart McCall, Alex McLeish and Steve Clarke are among the names to have been linked with the role. 

The governing body is also on the lookout for a new chief executive following Stewart Regan's resignation last week.