Paul Murray has hit out angrily at claims that a peace deal has been struck in the war over the Ibrox boardroom.
Murray, a director of Rangers just 13 months before they went into liquidation owing millions to creditors, shareholders and debenture holders, is being proposed for a place in the boardroom by Camunock based billionaire Jim McColl.
Leading a group of disillusioned shareholders McColl called for an EGM to remove three current directors and replace them with Murray and Franks Blin.
The current board have fobbed McColl off so far from granting an EGM and claimed on Wednesday in a stock market statement that they were close to a deal to bring Murray, Blin, former convict Sandy Easdale and disgraced former Rangers (IL) chairman John McClelland onto a new expanded board.
That statement claimed that part of the deal included a vote of confidence in the current board but yesterday Murray was quick to dismiss that part of the ‘deal’.
Yesterday Murray said: “On behalf of the requisitionists (Ibrox rebels) we have made it clear to the Rangers board that we are proposing the additions to the board now to enable it to operate more effectively as a balanced unit in the run-up to the AGM in October.
“However we have also made it clear that, in accordance with the club’s articles of association, all directors, both existing and new, have to offer themselves up for re-election at a vote at the AGM.
“We believe that this is fair and gives all shareholders the opportunity of voting for who they want on the board.
“We agreed this position with the board on Tuesday and were therefore surprised to see the statement issued by the club on Wednesday night which seemed to suggest that any agreement was conditional on a ‘vote of confidence’ in the current board members now and on a continuing basis.
“We wish to make it clear that this is contrary to our understanding of the agreement we had with the board.
“Whilst we believe that the proposed changes will make the board more effective and balanced, it is for the shareholders to vote on the re-election of all directors at the AGM.”
There is still no sign of any audited accounts being produced ahead of the club’s first ever Annual General Meeting.
If high flier Blin is co-opted onto the board his reputation could be seriously damaged if he signs off accounts for a company that many believe will be in administration by the turn of the year.