2 Mar 2015 07:00
2 March 2015
Rangers International Football Club plc
("Rangers" or the "Company")
Board Changes
The Company announces that David Somers, Chairman, has resigned from the boards of the Company and its subsidiaries, with immediate effect.
Commenting on his resignation, David Somers said "I have resigned as Chairman of Rangers International Football club plc. I have worked in the City of London, the world's greatest financial centre for decades and enjoyed considerable success. 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. I am a non-confrontational man and have always tried to bring harmony to boardrooms and with stakeholders. 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."
For further information please contact:
Rangers International Football Club plc | Tel: 0141 580 8647 |
David Somers | |
WH Ireland Limited | Tel: 020 7220 1666 |
Adrian Hadden / Paul Shackleton | |
Newgate | Tel: 020 7148 6143 |
Roddy Watt / Ed Treadwell |