Malcolm Murray will contest a shareholders move to remove him as chairman of Rangers International Football Club.
Earlier today in a statement to the AIM the crisis hit club confirmed that they had received a request to hold an EGM.
That action has been requested by the mysterious Blue Pitch group who hope to install Chris Morgan and controversial transport chief James Easdale on the board while removing Murray as chairman.
The statement to the AIM read: “The board of Rangers has noted the recent press speculation regarding a requisition for a General Meeting.
“The board confirms that it has received such correspondence and is seeking to establish the validity of this requisition. Further announcements will be made as appropriate.”
Murray’s decision to stand his ground will inevitably result in further mud slinging among the various vested interests at the club.
The under fire chairman is seen by many as an old style supporter keen to get the new club off on the right footing by following conventional business practices. It was Murray who ordered an investigation into Charles Green’s links to Craig Whyte.
Little is known about Blue Pitch Holdings but they seem to be backers of Green and have formed an alliance with the Easdale brothers who are expected to buy up Green’s shareholding in December.
If an EGM is called it will require the support of 51% of the shareholders to approve the motion to remove Murray.
In recent weeks both sides in the boardroom have been briefing their preferred media outlets as the dirt flies across the boardroom between different factions.
Meanwhile new chief executive Craig Mather has promised news on signing targets by the middle of next week, before resigning Green promised Ally McCoist a £10m warchest for transfers.
If the Endle…sorry, Easdale bros get in, do you think they’ll want to bring in their own coaches?
I think they could bring in one of their coach drivers and he would do a better job than the three quarters of a million pound p/a 50yr old rookie manager they have right now.
It would save them about 735,000 a year in wages,for sally alone.
FEK the zombie egm, when do we get the audited accounts from the asbestos dome, and when is the sfl/sfa going to disclose the 5 way agreement.
Hail hail, 125 YEARS OF UNBROKEN HISTORY+
I see there is still no comment from the SFA regarding those leaks from the Ibrox boardroom.
Would still like to know why they seemed so concerned about what was being leaked? Who exactly at the SFA passed the information onto the club and how did they come by it? To whom at the club did that person pass this information to?
More importantly would also like to know why the SFA involved itself in a member club’s boardroom dealings, especially given the fact that the particular club in question may well have been operating under false pretences that contravene the rules imposed on it by the organisation?
All fair questions. Maybe UEFA should be asking them!
It is obvious why the SFA were concerned about leaks – they are up to their eyes (not just their knees) in this. Utterly immoral and compliant with the denisons of evil at the Deathstar, since they have to cover the tracks of a murky past.