Ibrox in power struggle

[ian1964 10,444]

THE battle for control of Rangers will take a significant turn on Monday if a shareholders’ group led by former director Paul Murray and ex-chairman Malcolm Murray is successful in court proceedings.

 

By Lyndsey Herron

 

The shareholders’ group want four directors’ nominations added to the list of business for the Annual General Meeting – the two Murrays, plus Scott Murdoch and Alex Wilson.

 

If the Court of Session rules in their favour, then this would postpone the AGM, scheduled for October 24, until mid-November as a new Notice to Shareholders would have to be issued and this has to be released 21 days before.

 

The current Rangers board will oppose the court action on Monday but the shareholders’ group is confident that they will prevail.

 

It would then mean that the shareholders could vote the four nominated men onto the board at the AGM while all existing board members are up for re-election. There could be more developments on the back of the court action with former director Dave King heavily tipped to have a leading role in any changes.

Chief executive Craig Mather flew to Johannesburg in a bid to woo King to back the current regime.

 

However, it is understood the talks were in vain as the multi-millionaire has an alliance with the shareholders’ group looking for change.

 

A source close to the group said: “Monday will be a significant day in terms of the future for Rangers.

 

“There is confidence that the Court of Session will rule favourably to set a new chain of events into motion.

 

“It will mean that four additional directorial nominations will be added to the business of the AGM and, in turn, the AGM will move to mid-November as a new Notice to Shareholders will have to be issued.”

 

Representatives of the major fans’ groups met with Mather, finance director Brian Stockbridge and James Traynor, the director of communications, on Thursday night to discuss all of the pressing issues.

 

Meanwhile, Friday night football is coming to Ibrox after the Scottish Cup third-round tie with Airdrie was switched to November 1 with a 7.45pm kick-off.

 

Sandy Jardine has led the tributes to former Rangers keeper Norrie Martin, who passed away yesterday after a short illness.

 

Jardine and Martin, who was 74, were team-mates in the 1967 European Cup-Winners’ Cup Final when the Light Blues lost 1-0 to Bayern Munich after extra time.

 

During 12 years at Ibrox from 1958, Martin was initially understudy to George Niven and Billy Ritchie and played most of his 110 matches in the final three seasons of his Gers career, leaving in 1970.

 

Jardine said: “Everyone at Rangers has been saddened to hear the news about Norrie.

 

“He was a good keeper but had to fight to get into the side because of firstly George Niven and then Billy Ritchie, but when he did get in he did really well.

 

“He and Kai Johansen were great friends but he was largely a quiet man.

 

“We all send our condolences to his family.”

 

http://www.express.co.uk/sport/football/436096/Ibrox-in-power-struggle?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+daily-express-football-news+%28Daily+Express+%3A%3A+Football+Feed%29

[RANGERRAB 3,293]

This article says CM's talks with DK were in vain. Richard Wilson's article in the Herald suggested the opposite. Who can we believe? We'll know nothing until DK states his position.

[ian1964 10,444]

This article says CM's talks with DK were in vain. Richard Wilson's article in the Herald suggested the opposite. Who can we believe? We'll know nothing until DK states his position.

 

I've been saying this since the reports that Mather went to see DK,until DK makes a statement I don't believe anything that is being reported