SteveC 150 Posted May 30, 2013 Share Posted May 30, 2013 (edited) Both the Herald and Retard say Walter is our new Chairman. Here's the Herald : Walter Smith to become Rangers chairman Published on 30 May 2013 Richard Wilson WALTER SMITH is set to be appointed chairman of Rangers, with Malcolm Murray stepping down from his position. The changes were approved at a board meeting in London yesterday as the directors attempted to find stability after a period of dissent and strife. An announcement to the Stock Exchange was expected this morning. Murray had been expected to either stand down or be removed from his role. He was the subject of a unanimous vote of no confidence among the seven other directors this month and had a board meeting last Friday taken place as planned he would have been voted off. Leaving the Rangers International Football Club plc board without a chairman would have led to uncertainty among shareholders, although Smith's appointment was unexpected. He has previously expressed a reluctance to take on the role, and has twice come close to stepping down as a non-executive director during boardroom difficulties. Smith had been critical of Charles Green, the former chief executive who resigned and will, come midnight on Friday, no longer be a director. Much of Murray's time as chairman was spent clashing with Green and Imran Ahmad, the commercial director who left last month. It was also Murray who instigated the independent examination – by Deloitte and Pinsent Masons – into alleged collusion last summer between Green and Craig Whyte, the ex-owner. Although Smith was an ally of Murray's during much of his time on the board, the ex-manager reluctantly came to the same conclusion as other directors a change was required. There is also the prospect of an extraordinary general meeting, called by the shareholders Blue Pitch Holdings, to contend with. There are four resolutions to be heard at the meeting. The others were for Philip Cartmell, the non-executive director, to be voted off the board, James Easdale, the owner of McGill's Buses, to be voted on, and for Chris Morgan, said to represent the family trusts behind Blue Pitch Holdings, to also be voted on. Edited May 30, 2013 by SteveC 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 30, 2013 Share Posted May 30, 2013 game set and match the good guys. zeus wont be able to run a smear campaign against walter and survive. 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted May 30, 2013 Author Share Posted May 30, 2013 game set and match the good guys. zeus wont be able to run a smear campaign against walter and survive. They won't have agreed to him being there to smear him either, tgey need this to work too. Obviously it is to sell season tickets but let's hope it signals a period of at least relative stability. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,293 Posted May 30, 2013 Share Posted May 30, 2013 Don't see this as long term. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 30, 2013 Share Posted May 30, 2013 For short term stability I guess, does this mean a return for Bain as CEO? 0 Quote Link to post Share on other sites More sharing options...
Cotter 0 Posted May 30, 2013 Share Posted May 30, 2013 Purely as a figurehead then? What does Walter know about being a chairman? 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted May 30, 2013 Share Posted May 30, 2013 how would this mean the return of Bain? and why are folk so obsessed about him, anyway? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,182 Posted May 30, 2013 Share Posted May 30, 2013 Non-plussed about this but I'd fancy it's only an interim position anyway as club is effectively sold. 0 Quote Link to post Share on other sites More sharing options...
Gribz 743 Posted May 30, 2013 Share Posted May 30, 2013 Im all for this even for the short term. He is exact what we need at the top just now. A chairman is in everyone, how do first time chairmans get their position?! Im 100% sure he will have the right backing and guidance before making decisions. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,182 Posted May 30, 2013 Share Posted May 30, 2013 I think the more important issue is whether or not an EGM has been averted. More info please. 0 Quote Link to post Share on other sites More sharing options...
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