Mr Sandy Easdale has lashed out at the founding fathers of Sevco as the club races towards administration.
Also copping the blame for the financial meltdown at the club is chief executive Mr Graham Wallace, payday lender Mr George Letham and the thousands of stay away supporters and fat cats.
Last Friday’s Alternative Investment Market announcement that the club needs to raise £4m within a fortnight has opened up the splits in the boardroom as the different factions attempt to avoid the anger of furious fans.
Mr Easdale, who served a prison sentence in the nineties for VAT fraud, has been the target of most of that anger having made little investment in the club but carrying the backing of Margarita and Blue Pitch Holdings as well as Laxey Partners thanks to his friendship with Mr Charles Green.
In a carefully scripted interview with the Daily Record Mr Easdale pleads his case including using the classic Tony Mowbray phrase of taking the flack on the chins and attempting to move on.
While Mr Easdale is the public face and chins of the club the real power lies with Margarita, Blue Pitch and Laxey who bought into the club alongside Mr Green when shares were made available for one penny each. Mr Imran Ahmad, Mr Brian Stockbridge and Mr Ally McCoist were also among the penny investors with fears that the original investors also have share options to buy up cut price shares.
Putting clear blue water between himself and the founding fathers of the club Mr Easdale told the Record: “We inherited a black hole the day we took over. A lot of it has been on the cards. The final straw has been the amount of fans and hospitality not turning up.
“We can’t make the numbers work so we brought the share issue forward. We wanted to do a share issue in the new year, going into the Premiership – touch wood.
“I feel we deserve a bit of support because of what we inherited. Considering that baggage, we’re going forward at a good rate with a good business plan. Obviously that plan has been interrupted by the lack of people coming to the games.”
Next up for the ‘it wiznae me’ treatment is chief executive Mr Graham Wallace, who used to work for Manchester City, who is poised to pick up a 100% salary bonus.
Mr Wallace was appointed in November by the board that  includes Sandy’s brother, James ‘Einstein’ Easdale, but again Sandy distances himself from the London based chief executive’s whopping  pay deal saying: ” I could say ‘that’s a PLC decision’ so it’s above the board I am on but in fairness to Graham and CEO’s of his level, this is something in the format of their pay.
“We may not like it but when you go for guys of Graham’s calibre most will have a bonus attached to their wages. It’s hard to explain. It’s not something I want to comment on because he is the CEO and reports to the PLC board more than myself.
“For me to express an opinion would be wrong and there is little autonomy I have over Graham’s contract as I am on a different board.”
Easdale even criticised Mr George Letham who handed in a cheque for £1m in February to meet the payroll claiming: “People talk about George Letham’s £1m loan but I have put in £500,000 interest free. I have never once asked for it back and I’ll leave it as long as the club needs the cashflow.
“The guy Letham, fair enough, he brought the interest rate down but he’s still getting an amount of interest while I’m doing it for free. He’ll also get his money back sooner than myself.
“I’m willing to leave it in if I have to. But I don’t get any recognition for that at all. Me and my brother don’t take a salary. I have bought shares and plan to buy more. I have loaned the club money for free. I’m working for free. I don’t know what more I can do.”
Finally Mr Easdale attacked the fans who have walked away from the club in their thousands, he warned: “I would say, everybody has to support the club. We keep on hearing about fans who aren’t coming because of the board or the football but the reality is there’s a lot of diverse reasons.
“But if everybody is so passionate about the survival of the club then they have to come back, no matter their reasons. I’m doing my best, supporting it with my money and time for free.
“I don’t think it’s a bad thing for me to ask the supporters to come back and support the club even if they like the board or not. At the end of the day, it’s about the survival of the club not the survival of the board.”
Easdale’s comments come on the day after Imran Ahmad was given a Court of Session hearing to ring-fence £620,000 for unfair dismissal while it also emerged that Mike Ashley bought the naming rights for Ibrox for £1.
It’s expected that the Union of Fans will issue a strongly worded statement this morning with plans for a red card protest at the next home match at an advanced stage.