LONDON (Alliance News) - Rangers International Football Club PLC said Monday that Chairman David Somers has resigned from the boards of both the company and its subsidiaries with immediate effect.
Somers's resignation comes less than a week after James Easdale stepped down as a non-executive director and ahead of a shareholder meeting set for the Ibrox Stadium in Glasgow on Friday to vote on a proposal by shareholder Dave King to remove the club's entire board.
"When I was approached about the chairmanship of Rangers, friends warned me that the world of football has different rules and codes of behaviour. I now know that is a gross understatement," Somers said in a statement.
"I am a non-confrontational man and have always tried to bring harmony to boardrooms and with stakeholders," Somers added. "At the risk of antagonising my army of critics I would point out that Rangers managed to pay its bills and avoid going under during my tenure. These critics might not agree with how we achieved this. I look forward to alternative solutions from whoever is running the club in the future. Despite the personal attacks on me from various sources I genuinely wish the club the very best in the future and I am confident that with such a passionate and vociferous fan base they will be restored to their former glories."
By Tom Waite; thomaslwaite@alliancenews.com; @thomaslwaite
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