The Rangers board are taking action to prevent Newcastle United owner Mike Ashley from having a say in how the Glasgow club is run.
The Rangers AGM is in two weeks time (27 November) and The Herald report that a resolution will be tabled, calling to remove the voting rights of any shareholder involved in running another club.
This is the latest move in the power battle between Rangers chairman Dave King and Newcastle United owner Mike Ashley .
Seven months ago Rangers were fined by the Scottish Football Association for breaching dual ownership/influence rules relating to Mike Ashley.
If the Rangers board get their way, Mike Ashley will have no voting rights on who should be on the board, corporate policy, investment and any major changes to how it operates.
The Rangers board say that the resolution is to prevent any future dual ownership issues (and fines) and to this end, they want to adopt the Scottish FA rule which forbids any person with influence at the club to be involved in any capacity with another club without their consent.
The Herald say that any further breach of the SFA rules could result in the ‘SFA seeking more onerous sanctions against the club’, which includes potential expulsion from the Scottish Cup.