David Somers has delivered a stinging attack on the Sevco support after stepping down as company chairman.
The highly respected Englishman stepped in as chairman after Walter Smith walked away and successfully negotiated loans to keep the club afloat.
His departure signals the end of the Charles Green led regime paving the way for Dave King’s coronation later this week which is likely to be greeted with scenes of celebration not seen since Craig Whyte handed Dave Murray a pound.
Mr King’s plans for the company are unknown with Mr Somers fearful that administration is around the corner as Mike Ashley is demonised from within.
In his statement the 66-year-old chartered accountant notes that he helped prevent the company running the football club from going under.
“I have resigned as Chairman of Rangers International Football club plc,” city heavyweight Mr Somers announced. “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.”