Mike Ashley met the new Rangers board for the first time on Wednesday.
The meeting took place to a backdrop of rumours circulating that the Glasgow club may struggle to have enough money for this month’s payroll.
Various reports have said that Rangers met dead ends in trying to raise more money to allow them to survive in the short to medium-term.
The BBC report a source close to the Rangers board saying that the meeting was ‘amicable’ but no further details of what was discussed have been made public.
Previously, the Rangers board had declared they wouldn’t be taking Mike Ashley/Sports Direct up on the offer of another£5m loan which would make it £10m in total they’d be in hock to Ashley.
Currently with only just under 9% of shares but influence clearly way beyond that, it will be interesting to see exactly what happens next between the two parties.
If Mike Ashley and the Rangers board move closer together, it will not go down well with many fans.
Wednesday night brought news from the Newcastle fans Ashley Out campaign that Saturday would see protests inside St. James’ Park, as well as a joint protest with Rangers fans, which will see a presence at various Sports Direct stores on Saturday lunchtime.
To read more about details of the protests planned for the day of the Swansea match go HERE.