The former Ibrox goalkeeper believes his ex-manager Walter Smith and team-mate Ally McCoist can transform a dire domestic season by clinching European glory in the UEFA Cup.

Rangers face La Liga outfit Osasuna in the first leg of their last 16 clash at Ibrox on Thursday and Goram feels if they knock out the Spaniards then they can reach the final.

Goram said: "If they get to UEFA Cup final then that'll be a major achievement after what they've been through this season.

"It would be just like Rangers to get to the UEFA Cup final and there is no reason why we can't get there, we've got just as good a chance as anyone else.

"The games will get tougher but that shouldn't be a problem.

"It's vital (Ugo) Ehiogu and (David) Weir stay fit, that's four and a half games together and four and a half clean sheets.

"It's vital not to concede goals in Europe and if you can do that then you've got half a chance."

Goram agreed with Smith's decision to stick with Allan McGregor in goal for the Bank of Scotland Premier League clash against Hibs rather than opt for Stefan Klos.

McGregor will be suspended for the European tie if Rangers fail in their appeal but Goram insists the experienced Klos does not need games if he is forced to come in from the cold.

He said: "If Stefan had played against Hibs and got injured and Rangers lost the appeal with Allan McGregor then we'd be up the creak.

"It was a wise decision to pick Allan as the priority is to come second (in the SPL).

"I know the UEFA Cup is a big one but we need to come second to get into the Champions League.

"If you play in a reserve game you may only have to make a couple of saves so you get more benefit for training for an hour.

"Stefan has a European Cup winners' medal and you don't lose it like that.

"I'm pleased for Stefan because he can now leave on a high after seven fantastic years at the club."

Klos has been full of praise for McGregor, who he used to train beside at Ibrox, and believes he will soon be challenging Craig Gordon for the Scotland place.

He said: "Allan has been in the game for a while, he was only a kid when he trained with me at Rangers but he held his own.

"He's quite experienced now, he went on loan then had to bide his time.

"He didn't complain when he lost his place when (former manager Paul) le Guen brought in a goalkeeper and he deserved his new contract.

"There is every chance he could reach the same heights I did.

"There are not many better Scottish goalkeepers than Allan, I'd like to see him get in the Scotland squad alongside Craig Gordon. He is good enough."