Rangers have announced in a statement to the London Stock Exchange that they will not be holding their EGM at the Millenium Gloucester Hotel in London after all.
The hotel informed the Ibrox side that they are fearful of ‘disruption’ to their guests and neighbouring businesses with the threat of hundreds of Rangers fans potentially unable to obtain entry to the EGM due to limited capacity. All on the back of fans inundating the hotel with complaints, as well as the Metropolitan Police.
The statement to the LSE, said: “Rangers was informed yesterday that the Millennium Gloucester Hotel & Conference Centre which was the intended venue for the Requisitioned General Meeting (“GM”) on Wednesday 4 March 2015 is no longer available.
“The hotel management at the Millennium Gloucester has taken advice from different quarters and concluded that the GM cannot be managed without significant disruption to guests and neighbours. The hotel management felt it necessary to take this position after receiving numerous complaints and false information from individuals purporting to be shareholders.
“The Board is concerned the situation was exacerbated by irresponsible and inaccurate media coverage. An alternative venue is currently being sought in the London area and will be announced as soon as possible. The Board apologises for any inconvenience this may have caused shareholders due to matters out with its control.”
Despite the venue pulling out, the Rangers board are looking at other venues in London all the while ignoring the criticism from fans and shareholders alike over holding next month’s EGM in London.
There have been claims from some quarters that the EGM was being held 400 miles away in the hope that some shareholders would not be able to attend the meeting, as well as preventing the sort of scenes that were on show at Ibrox during the AGM in December when the meeting was regularly disrupted by angry Rangers fans firing hate filled abuse at chairman David Somers and the Easdale brothers.
Meanwhile the man who called for an EGM, in the hope of conducting a coup d’etat to remove chief executive Derek Llambias, chairman David Somers and Sandy Easdale, hit out at the meeting being held in London.
Prior to the cancellation, King said: “What is truly disappointing, albeit unsurprising, is the board’s continued bitterness and antagonism towards the club’s shareholders and supporters.
“Moving the general meeting to London at greater cost to the club, at greater cost to small shareholders, and at a venue that excludes the majority of shareholders is simply outrageous by any standard of respect or corporate governance.
“The board’s defiance of its own fans, customers and shareholders is clearly a matter that invokes passion in any Rangers supporter.
“The fact that the fans continue to demonstrate by vociferous but peaceful means is a credit to the fans collectively and to the club as a whole. It is truly humbling to evidence how fans have rallied round the club in this time of need.”