Gers consider McColl request

Rangers have confirmed they will consider a request to add former chairman John McClelland and three other men to their board of directors.

Last Updated: 04/09/13 at 23:44 Post Comment

Rangers confirm board addition request

Rangers confirm board addition request

A group of disgruntled investors, led by billionaire businessman Jim McColl,

wants to see the former IBM vice-president returned to the Ibrox boardroom - and possibly as chairman.

They have also proposed appointing former Blue Knight Paul Murray, Sandy Easdale and accountancy expert Frank Blin as directors.

McColl and his group had called for an extraordinary general meeting (EGM) in a bid to have chief executive Craig Mather, finance director Brian Stockbridge and Bryan Smart removed from the board.

But they have now signalled they are ready to withdraw that request as long as their new motion is passed.

A statement given to the Stock Exchange said: "Further to the announcement on September 2, the company confirms that the board's discussions have been continuing with representatives of the group who requisitioned a general meeting.

"Following recent press speculation, the company can confirm that the requisitioners have put forward a proposal to withdraw the requisition based on their request for the appointment of four additional non-executive directors.

"As part of the proposal, the requisitioners have also confirmed that, subject to the above, they are not seeking to remove any of the current directors."

The current board have responded by saying they are now seeking assurances that McColl's group will give them their full backing.

Their own statement reads: "The board considers that any decision on any proposal for the withdrawal of the Requisition would be subject to the provision by the requisitioners of a vote of confidence and continued support for the current Directors and to all necessary regulatory approvals."

Related News

Most Commented

Readers' Comments

W

ow.. ten paragraphs on West Ham in winners sections.. wow.. Its really Christmas time!!!.. Forever blowing bubbles..

metal
Premier League Winners And Losers

A

couple of wins and everything is OK! Sorry you still haven't got a striker who can consistently goals. Keep searching. I don't think Liverpool will make top four not even Europa League this time around.

larrylawrence
Rodgers still targets top four

I

f he can find the right player? Surely the manager of one of Europe's top clubs has a well-researched short-list and has a good idea of who he wants to bring on-board? If I can find the right player sounds like someone going out on Saturday night on the pull, and the nearer you get to midnight the lower your standards drop.

CamberleyGooner
Wenger to buy centre-half

Footer 365

Premier League: Chelsea go three points clear of Man City with 2-0 victory at Stoke

Chelsea will be top of the Premier League table on Christmas Day after beating Stoke 2-0 at the Britannia Stadium.

Supercoppa Italiana: Napoli beat Juventus 6-5 in penalty shootout after 2-2 draw

Napoli goalkeeper Rafael was the hero as his side claimed a 6-5 victory on penalties over Juventus in the Supercoppa.

Sky Bet Championship: Sami Hyypia quits Brighton after six months in charge

Sami Hyypia has left Brighton after the club accepted his resignation as manager.

Mail Box

Becoming A Proper Fan Again In 2014

Man United fans can thank David Moyes for making them appreciate their club again. We also have mails on Liverpool, Newcastle, another Christmas XI and more...

Wenger Has Made Arsenal Mentally Weak

We have plenty of reaction to yesterday's result, with Mailers sick of Wenger, Mertesacker and Skrtel in particular. Plus why it's not yet time for 'Austin for England'...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property