2:50:13 PMHutton rejects move to Tottenham
Hutton rejects move to Tottenham
The Scottish club accepted a bid of about £8m from the Premier League club for the 23-year-old but he decided to reject the move on Thursday evening.
"We received a bid that was reluctantly accepted, but the player himself wants to remain at Rangers," said Smith.
"From a footballing perspective that is good news."
Hutton signed a new five-year deal at Ibrox in July, and has caught the eye with some outstanding displays for club and country this season.
The 23-year-old had also been linked with a move to Manchester United and Newcastle.
The right-back received praise from Manchester United boss Sir Alex Ferguson following his performances in Scotland's Euro 2008 campaign.
Speaking last month, Rangers assistant manager Ally McCoist urged Hutton to remain at Ibrox.
"I'd like him to stay here for a long time and win things with Rangers," McCoist said."I have no doubt Alan is destined for great things but I believe those great things can be with Rangers. We don't want to lose players of his quality."
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