Derek Llambias and Barry Leach have been voted off the Rangers board.

The Financial Times have reported that at today’s EGM, Mike Ashley and his allies have been outvoted.

Recent days have seen the resignation of Directors David Somers and James Easdale in advance of today’s key meeting forced by rebel shareholder Dave King.

Now Llambias and Leach have followed.

However, with the terms of Mike Ashley’s loan allowing him to nominate two Directors, we await to see what his next move will be…