Green offers Rangers resignation

Rangers have confirmed that Charles Green has notified the board that he wishes to step down as chief executive.

Last Updated: 19/04/13 at 18:19 Post Comment

Latest Articles

Stoke want keeper Asmir Begovic to stay, says chairman Peter Coates

Post comment

Stoke City chairman Peter Coates says the club are determined to keep hold of goalkeeper Asmir Begovic this summer.

Manchester City's Aleksandar Kolarov wants transfer back to Italy

Post comment

Manchester City defender Aleksandar Kolarov wants to return to Italy to play in Serie A.

All Articles

Charles Green: Rangers chief executive i

Charles Green: Rangers chief executive i

Rangers have confirmed to the London Stock Exchange that chief executive Charles Green has offered to resign from his position with immediate effect.

Green is expected to leave the company by the end of May, with the search for his replacement already under way.

The Yorkshireman took the decision to step down following "negative publicity" in recent weeks over his consortium's acquisition of the club last summer, but, "strenuously denies any wrongdoing".

The Rangers board announced last week plans to commission an independent investigation following claims by former owner Craig Whyte that he was involved in Green's takeover.

Whyte has alleged close links with Green and commercial director Imran Ahmad when their consortium completed the purchase of Rangers' business and assets last summer.

Green - who recently apologised after being charged by the Scottish Football Association for allegedly using "racist and offensive language" - refuted the allegations by Whyte, who was in charge when the club plunged into administration and subsequently liquidation.

Green said in a statement on Friday: "Recent events have undoubtedly been a distraction for both myself and all involved with Rangers and I feel that it is appropriate that I step down so that The Club can continue to progress back to where it belongs at the pinnacle of Scottish football."

I am very proud to have been associated with a club of the stature of Rangers and am proud of the achievements of The Club during my tenure as Chief Executive.

"My thanks go to the Rangers fans, whose support has been tremendous during my time at The Club."

A statement to the Stock Exchange confirmed: "The Company announces that Charles Green has notified the Board that he wishes to step down as Chief Executive with immediate effect.

"Recent weeks have seen media interest in the circumstances surrounding the period prior to the acquisition of The Club by the consortium led by Mr Green.

"Whilst Mr Green strenuously denies any wrongdoing, he has recognised that this negative publicity is a distraction and is detracting from the achievements and reputation of The Club.

"As a result, Mr Green has informed the Board that he will leave his post with immediate effect and leave the Company, following an orderly handover, by the end of May.

"The Board has commenced the search for a new Chief Executive and expects the role to attract high quality candidates from both within and outwith the industry."A further announcement will be made in due course."

Rangers raised more than £22million through a share issue in December and chairman Malcolm Murray paid tribute to Green for his efforts during his time as Ibrox chief.

He said: "Charles Green was instrumental in helping to secure financial stability for The Club.

"The impact that he had in turning The Club around from the dark days of last summer will never be forgotten by the fans who I am sure, like me, will thank him for this and for choosing to put The Club ahead of his personal position at this time."


Click here for completely free £10 bet with Sky Bet


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Wayne Rooney cannot wait to link up with Harry Kane for England

Wayne Rooney has been gripped by the excitement surrounding Harry Kane and can't wait to link up with him against Italy.

Tottenham striker Harry Kane to make first England start in Italy

Harry Kane will make his first start for England in Tuesday night's friendly in Italy, Roy Hodgson has confirmed.

Southampton striker Graziano Pelle starts for Italy against England in Turin

Southampton striker Graziano Pelle has been handed a start for Italy in their friendly against England in Turin.

Mail Box

It's All Just A Ruse By The 'Southern Press'...

A varied Tuesday morning Mailbox, with thoughts on the England U21s, a Sterling ruse, Kane realism, Wenger coaching youth and enjoying the charity match...

Can Wenger Coach Young Players Anymore?

One Mailboxer wonders whether Wenger has still got ability to bring through young talent. Plus £50m for Sterling, stop being matey with footballers and Blackpool...

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