Rangers Director resigns ahead of crucial meeting
Rangers Director resigns: The battle for controlling the Glasgow club has taken another twist this morning with Mike Ashley’s ally and board member, James Easedale withdrawing from the board.
A statement to the stock exchange was as follows:
‘Rangers announces that James Easedale has resigned from the boards of the Company and Rangers Football Club Limited with immediate effect. He leaves Rangers having never received any renumeration, bonus or compromise payment during his time at the club.
He would like to thank all the fans and shareholders who supported him and wishes the club a speedy return to the top flight of Scottish football and beyond.’
Today’s announcement follows yesterday’s revelation that the Rangers Supporters Trust had bought 450,000 shares that were said to be under the control of Sandy Easedale, brother of James who resigned this morning.
On the surface at least, it all appears to be unravelling for Mike Ashley ahead of next week’s crucial meeting where rival shareholders are attempting to get rid of the board.
Speculation will no doubt follow as to whether Easedale has jumped before he was pushed, or whether some kind of compromise has been reached with rebel shareholders joining the current board.
Can’t see the Rangers fans being too happy with that, such is the level of hatred towards the likes of Derek Llambias and Mike Ashley.
Newcastle fans look on at this very public battle in Scotland and wonder what the ramifications will be for Newcastle United, once the battle is over.
If you would like to feature on The Mag, submit your article to [email protected]