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Breaking news: New venue for vote on removal of Rangers board

7 years ago

Rangers have announced through the stock exchange a new venue for the crunch meeting where rival shareholders are aiming to vote the board of directors out, including Mike Ashley’s men Barry Leach and Derek Llambias.

The original Millennium Gloucester hotel pulled out after allegedly receiving pressure from Rangers fans not to host the event.

The decision to hold the meeting over 400 miles from Ibrox was seen as a cynical move to prevent as many of the 5,000+ small fan shareholders attending and/or voting. The tactic a carbon copy of what John Hall and Freddy Shepherd did when they moved the NUFC AGMs to London to prevent as many fans as possible attending, as they continued to take out millions from the club despite Newcastle United losing money.

In the stock exchange announcement, the Rangers board ask shareholders to join with them in voting against the resolution to remove them. The new venue is the Grange Tower Bridge Hotel in…London and the meeting will be held at 12 noon on the original scheduled day of March 4.

This announcement has coincided with the minutes being released by the Rangers Fans Board who are the equivalent of the Newcastle Fans Forum, at their latest meeting with club officials last Wednesday (11 Feb), the following question was put to Derek Llambias who attended, with his illuminating answer below.

The Board intentionally and with malicious intent arranged the meeting outside Glasgow, especially at a place like London, so that fans and shareholders are not able to reach the venue?

Derek Llambias:

“When we discussed the AGM, the behaviour of those at the AGM basically hijacked the meeting. It was a disgrace. We don’t want it to get hijacked again which is why it is in London however as EGMs are normally over in about 10 minutes and there is no platform for shareholders to ask questions like at an AGM, it is more of a procedural meeting.”


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