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SBD Global/April 22, 2013/Franchises
Rangers CEO Charles Green Steps Down Amid Scrutiny, Replacement Already Being Sought
Published April 22, 2013
RIFT WIDENS: In Glasgow, Guidi & Waddell reported the return of Bain "to steady the ship in the interim period" now looks "unlikely to happen." Rangers Finance Dir Brian Stockbridge "is attempting to distance himself" from Green and Commercial Dir Imran Ahmad "as the rift on the board widens." Mather "has been proposed as the middle-ground candidate" (DAILY RECORD, 4/21). The SCOTSMAN reported turmoil surrounding the ownership of Rangers’ assets "could deepen if not fully tackled immediately." The warning came from John Brown, "the first man publicly to link Craig Whyte and Charles Green in the buy-out that followed the failure of the Ibrox club to exit administration via a Company Voluntary Arrangement last June." Brown: "It was going to happen anyway. You are journalists, if you do your job properly you would find that out. It is going to be interesting. I am not surprised because I knew what was going on, but I am trying to get a job at Dundee" (SCOTSMAN, 4/21).
MCCOIST SPEAKS OUT: In Glasgow, Waddell also reported Rangers Manager Ally McCoist said that the club "need cleansed from top to bottom." McCoist confessed that he expects the budget he had agreed with Green for next season "to be wiped out by the behind-the-scenes carnage." With two years’ worth of "dirty linen still spinning around in public," and about to be examined again by an independent commission, McCoist "simply wants to get on with the game." McCoist: "No matter who is in charge we need a bit of stability. There is no doubt about that" (DAILY RECORD, 4/21).
MORE TO COME: Also in Glasgow, Billy Dodds opined "Somehow I dont think Charles Green will be the last member of the Rangers board to leave." The club right now "seems to me to be undertaking a fresh start, a spring cleaning of the big house, but I don't think there is any reason for fans and investors of the Ibrox club to panic this morning." Decisions made in the upcoming weeks "will be for the betterment of the club and in time there will be a new board with a freshness to it, and all the question marks will be taken out of the equation" (HERALD SCOTLAND, 4/21).