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Easdale steps down from Rangers' board

Wed, 25th Feb 2015 12:16

James Easdale has stepped down from his role as Rangers director after fans of the Glasgow club made clear they did not want the bus tycoon on the board.Easdale, was among the four directors who faced being voted off the board at a meeting on 6 March, after former director David King has been trying to engineer a move to remove the current board.King made publicly clear that he wanted shareholders to oust Easdale, finance director Barry Leach as well as chairman David Somers and chief executive Derek Llambias.The latter, along with Leach, is a close business associate of Newcastle United and Sports Direct owner Mike Ashley, who owns a 8.92% stake in the Scottish Championship's club.Late in January, the Sports Direct chief tightened his grip on the Ibrox outfit by providing a £10m from its company to Rangers, to assist the club's "perilous" financial position.However, Rangers fans have repeatedly voiced their discontent at Ashley's involvement with the club and at the appointment on Llambias and Leach on the club's board, which will fight to remain in charge on 6 March.The current board's hopes of survival were dealt a blow on Tuesday, when the Rangers Supporters Trust bought a number of shares, which had previously been owned by Easdale's brother Sandy through a proxy, from Beaufort Nominees.Easdale said that surviving a vote without the fans' support would have felt like "a hollow victory".
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Rangers Appoints David Somers Non-Executive Chairman

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Rangers Appoints Ex-Man City Executive Wallace As New CEO

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20 Nov 2013 07:52

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

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20 Nov 2013 07:45

Rangers appoints ex Man City boss as new CEO

Rangers International Football Club has appointed Graham Wallace as its new Chief Executive Officer with immediate effect. Wallace served as Chief Financial Officer (CFO) of Manchester City from March 2009 to October 2010 before becoming Chief Operating Officer of the football club until January 2

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12 Nov 2013 16:09

Rangers Says Craig Whyte No Longer Has Links With The Club

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7 Nov 2013 13:20

Rangers hires David Somers as acting chairman

Rangers International Football Club said it had appointed David Somers as acting Chairman of its board. The position had been vacant since August when former Chairman Walter Smith resigned. Rangers said Somers, a qualified accountant, had spent his career in fund management and had "considerable

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7 Nov 2013 13:03

Rangers Appoints Acting Chairman

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16 Oct 2013 11:27

Rangers Chief Executive, Non-Executive Director Resign Ahead Of AGM

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1 Oct 2013 15:06

Rangers claims financial stability as potential boardroom coup erupts

Rangers International Football Club reported an operating loss in its first year back as a listed company, while a group of former directors sought to fight their way back onto the board. Chief Executive Craig Mather said the club was in "a very different place" to its situation prior to the AIM fl

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12 Sep 2013 16:35

Rangers Says Request For General Meeting Withdrawn

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10 Sep 2013 08:52

Rangers Says Still No Deal To Scrap Extraordinary Meeting

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4 Sep 2013 17:30

Rangers Confirms Requisition Talks Ongoing

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12 Jul 2013 07:29

Rangers formally appoints Craig Mather as new boss

Scottish football club Rangers said it had appointed Craig Mather as Chief Executive Officer. Mather has been the interim boss and Chief Operating Officer of the football club since April 24th. Chairman Walter Smith said: "The board wishes him every success as we all strive to take Rangers back to

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15 Apr 2013 08:23

Rangers launch investigation into takeover by Green

Rangers International Football Club on Monday said it was commissioning an independent examination into the takeover by Chief Executive Charles Green. It comes after former owner Craig Whyte claimed that he was involved with Green's consortium when they purchased the business and assets of the club

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1 Mar 2013 12:21

Rangers International Football Club wins sponsorship from Blackthorn Cider

The Blackthorn Cider brand will feature on the shirts of the Rangers football team as part of a sponsorship deal. AIM-listed Rangers International Football Club said the brand will support its Scottish team in exchange for promotion of the beverage next season. Rangers Chief Executive Charles Gree

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