Just as we thought this season would be all about the football at Ibrox, it seems they just don’t want that to happen as more board room unrest is taking place.
Just hours after announcing former chief executive Charles Green had returned to the club in a consultancy position, news broke that a group of shareholders were demanding the removal of directors, including chief executive Craig Mather.
Sound familiar? It was only a few months ago that chairman Malcolm Murray was on the receiving end of such a demand by unnamed individuals as they looked to install James Easdale on the Ibrox board. That meeting of the shareholders was cancelled as Murray abdicated his throne and handed the chairmanship to former Rangers manager Walter Smith.
Now a general meeting of shareholders has been requested, by a group which includes former Ibrox director Paul Murray, who is looking to secure a place on the board. Murray was involved in a bid that rivalled Green’s consortium for the club assets last summer.
A statement to the London Stock Exchange confirms the request and it’s proposal to remove Craig Mather, Brian Stockbridge and Bryan Smart from the board.
The statement read: “The board of Rangers confirms that, on 1 August 2013, it received a notice requisitioning a general meeting of shareholders. The requisition puts forward resolutions for the removal of Craig Mather, [financial director]Brian Stockbridge and [non-executive director] as directors of the company and the appointment of Paul Murray and Frank Blin as directors of the company.
“The board is verifying whether the requisition is properly constituted and further announcements will be made as appropriate.”
Only last month, Craig Mather was appointed as the club’s chief executive on a permanent basis, following Green’s decision to walk away from the position in controversial circumstances.
Murray was appointed to the Rangers board, under Sir David Murray, in September 2007 but resigned in May 2011 when Craig Whyte bought the club for £1.