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RANGERS’ new chief exec is a former bigwig at English Premier League giants Manchester City, The Scottish Sun can reveal.

 

Graham Wallace was chief operating officer at the 2012 champions until March.

 

City sources said the 52-year-old Scot, will be unveiled by Gers next week after shaking hands on the deal with chairman David Somers last Wednesday. A source said: “There was a huge response to the advert for a chief executive but Wallace’s credentials blew away all the competition.”

 

Chartered accountant Wallace, from Dumfries, saw off rivals including Dundee chief exec Scot Gardiner, who was also interviewed. He held top finance posts at a string of entertainment giants including MTV Networks Europe, Viacom, Nickelodeon, and IMG Media.

 

Wallace, who lives in Buckinghamshire, was chief financial officer at Man City from 2009 to November 2010, then chief operating officer.

 

He stepped down after the arrival of new chief executive Ferran Soriano, and has been doing consultancy work in the City of London since. The City source said: “He was waiting for the next top job and this is it. His skills and experience will help build Rangers’ global reach.”

 

Wallace’s appointment is part of the current Ibrox regime’s attempt to shore up the board before a shareholders vote on who runs the club at Rangers’ AGM next month.

 

Investment banker Norman Crighton, 47, was announced as a director yesterday.

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Three stooges? We might see Stockbridge being replaced, but the Easdales are "major" shareholders for the time being and will not be removed that easily. Right now, it would be more useful to add directors to the boardroom.

 

NB: These appointment may also indicate that those in power right now are quietly confident that they have the majority of votes.

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Hard to object to those credentials, but I'd still like to see the three stooges voted out at the AGM.

 

I'd like to amend this slightly, having read the story about Gardiner, of Dundee, rejecting the job.

 

Firstly, his reasons for saying no mean that anyone who DOES take the job, presumably, will likewise be unable to hire or fire, or deal with our chronic PR.

 

Second, our chronic PR claims that he (Wallace) blew away the other applicants; well, except for the one who was offered the job but said no, apparently. Hardly Wallace's fault but sticking a lie in the release about his appointment is not the way to instill confidence.

 

So in retrospect it may not seem as hopeful as I first thought.

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