It sounds reminiscent of a third world country being plunged into civil war when one strong political group looks to overthrow another. But that is what is happening in the little nation of Ibrox.
The Rangers board has been plunged into disarray with board members, loyal to former chief executive Charles Green, looking to oust chairman Malcolm Murray – a true Rangers fan – and non-executive director Phillip Cartmell.
With season ticket renewal forms set to be sent out soon to Rangers fans, the news of more upheaval at the club is unwelcome and will surely delay fans from renewing.
A number of shareholders have banded together to push through an extraordinary general meeting (EGM), which calls for the removal of Murray and Cartmell.
A statement released by the club via their official website, read: “The Board is seeking clarity on the validity of this requisition and in the meantime the Directors wish to assure all fans that they are working tirelessly to keep the Club on the right course.
“It is vital Rangers continues to progress and no matter how many distractions or obstacles are placed in our way, the Directors are determined to meet all challenges. The most important people in all of this are the supporters, the team, the staff and the management.
“Rangers’ fans deserve to know that the Board will not be prevented from doing everything necessary to protect this Club for them.”
Within the same letter, it called on the appointment of two new board members, James Easdale and Chris Morgan – who both have links with Charles Green.
Morgan is behind Blue Pitch Holdings investment, which was part of Green’s original takeover consortium, while Easdale is the co-owner of Scottish independent bus company McGills, along with his brother Sandy Easdale.
This new union of shareholders own around 29% of the company shareholding in control of Rangers. Easdale has reportedly struck a deal to purchase Green’s shares and also former commercial director Imran Ahmad shareholding – which is just over 10%. In what is seen by many as Easdale looking to secure a majority shareholding of the club.
However, despite this reported transfer of shares, Green is still pulling the strings despite walking away from the CEO role last month following allegations of collusion with disgraced former Rangers owner Craig Whyte. This has angered other members of the board room – including former Rangers manager Walter Smith.
According to this morning’s newspapers, the independent investigation into the allegations of collusion between Green and Whyte – which was pushed through by Murray – may come to a conclusion by the end of this month.
The investigation is seen as one of the major issues that has led to Green trying to oust Murray from his position previously and using his puppets on the board for this second attempted coup.
IF Murray is ousted from power and Cartmell joins him, it may force the hand of Walter Smith to resign from the board in protest. That could have serious repercussions for the finances of the club as fans would take Smith’s departure as a clear sign that he does not back the current owners and board.
The continued chaos at Rangers should worry Rangers fans and their respective fan groups, who should now be demanding answers from all the relevant parties. Rather than sitting on their hands waiting in anticipation.
Whatever happens the continued debacle at Rangers will continue into the new season, overshadowing the football once again.
But who would the Rangers fans rather have – Rangers fans (and businessmen) who would have the best interests of the club at their heart or a group of businessmen who have no links to Rangers or have shady pasts that think more about their wallets than the best interests of the club?