Next Game

Cowdenb'th v Rangers

Saturday, 07 March 2015, 15:00

Scots Champ

Last Game

Falkirk 1 - 1 Rangers

Friday, 27 February 2015, 19:45

Scots Champ

Rangers board accused

The Rangers board have been accused of engaging in "guerrilla warfare" in their battle to prevent a group of shareholders from joining the Ibrox board.

Last Updated: 14/10/13 at 17:05 Post Comment

Rangers: Hearing continues

Rangers: Hearing continues

It has been claimed in court that they may also have broken the law by failing to tell the rest of the club's shareholders about the bid in enough time before the club's annual general meeting, which is scheduled to take place on October 24.

Lawyer Richard Keen QC, representing the shareholder group led by ex-Blue Knight Paul Murray and former club chairman Malcolm Murray, told Lord Tyre at the Court of Session in Edinburgh that the directors of the club had "committed an offence" by not informing other shareholders of the requisition.

He said: "An offence has been committed by every member of this board.

"The board have placed themselves in a very difficult situation by failing to discharge their statutory obligations. They have committed an offence.

"If I am right, the consequences of that must be visited upon them."

Chief executive Craig Mather and his fellow board members have been sued by the requisitioners, who hope to win an interdict blocking the AGM from taking place in 10 days' time.

Paul Murray was in court on Monday morning to hear Mr Keen, Dean of Faculty of Advocates, claim the board had "engaged in guerrilla warfare in respect of the requisitions".

He claimed the signatures requested by the board had been offered "timeously" before adding: "These requests have been sent by the relevant companies and on the face of it there is no reason to doubt their validity."

However, Heriot Currie QC - representing the board of Rangers International Football Club - told Lord Tyre: "The petitioners have known since September 12 that they had to organise themselves for a shareholder meeting by no later than October 30."

If the interdict is granted, the board must give shareholders at least 21 days' notice before an AGM can take place.

The hearing continues.

Related News

Most Commented

Readers' Comments

I

d like to add players who push their team-mates out of the way to celebrate on their own

exhausted
The Ten Most Hated Things In Football

I

f I were Manuel Pellegrini I would keep quiet and hope the Board didn't notice City not winning anything. If he isn't sacked I'd be astonished.

lfcfan80
Pellegrini: I won't be sacked

S

till I suppose it still gives him at least another year in the job. By the time it comes around , he can always make up another excuse. First it was 3 months , then a year .....Next year ? Whats his excuse with Van Persie ?

spud1
Di Maria 'could peak next year'

Footer 365

Boro claim top spot as Derby lose

Middlesbrough became the new Championship leaders as they took advantage of Derby's latest slip by beating Millwall 3-0.

Aston Villa 2-1 West Brom: Benteke's late show helps end Villa's long wait for a win

Tim Sherwood recorded his first win as Aston Villa boss as Christian Benteke's late penalty helped beat West Brom 2-1.

Southampton 1-0 Crystal Palace: Sadio Mane's late strike keeps Saints in the hunt for fourth

Sadio Mane struck late at St Mary's to give Southampton a crucial 1-0 victory against Crystal Palace.

Mail Box

There Are Mitigating Circumstances For LVG

One Mailboxer is admant there are mitigating circumstances to LVG's struggles at Manchester Utd and he offers his four signings for next season...

LVG Stick Needs A Little Context...

LVG's rough ride from the media needs some context - then you would understand, while the Mailbox urges Nabil Bentaleb to go down...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company