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Llambias says Mike Ashley wants Champions League football

7 years ago

Derek Llambias has said that Mike Ashley is intent on delivering Champions League football, sadly though it was with regard to Rangers rather than Newcastle United that Llambias was speaking.

The former Newcastle United managing director was speaking at a tempestuous Rangers AGM, where chants of ‘sack the board’ greeted Llambias and his fellow directors.

Mike Ashley and others forced through the re-election of the directors but were defeated when it came to a resolution that would allow them to issue new shares without having to offer them to existing shareholders.

Derek Llambias;

“We need financial stability off the pitch and great football on it, we want to get Rangers back into the top flight and the Champions League. That is our aim and hopefully next year I will give a much better speech.”

“Not everything I do will be popular but everything I do will be in the club’s long-term interests.”

Derek Llambias also made much of improving the commercial revenue at the Glasgow club, something in stark contrast to the appalling levels of commercial revenue at Newcastle United under Ashley;

 “We have only been here a couple of months and we have taken a tight review of the business and will continue to cut costs and improve commercial revenue.

“Every penny of that will go onto the park. That is the only way we can prove our commitment to the club.”


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