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SBD Global/August 5, 2013/Franchises

Scottish Second Division Rangers' Boardroom Battle For Control Continues

Scottish Premier League Second Division Rangers Manager Ally McCoist has branded former CEO Charles Green "an embarrassment," according to Rachel Loxton of the HERALD SCOTLAND. The "scathing attack on Green came just a day after the businessman, who stepped down from his former job with the club in April, returned to Rangers as a paid consultant." As "turmoil gripped the club" Saturday night, CEO Craig Mather also "came out fighting, describing the attempt by a rival group to remove him from the board -- along with two other directors -- as ill-considered and ill-timed." The "boardroom battle intensified after a group of shareholders and Scots billionaire entrepreneur Jim McColl had gone public" with a plan to remove Mather, Financial Director Brian Stockbridge and Non-Exec Dir Bryan Smart from the board. The rivals instead want former Ibrox Dir Paul Murray and financial expert Frank Blin, a former PricewaterhouseCoopers Scotland CEO, to "be on the board." The "latest boardroom drama to engulf the club has angered supporters, who say they want the turmoil surrounding Rangers to end and the focus to be on football." Mather said in a statement, "Again there are those attempting to bang down the doors simply because they feel they should be inside before any others and for no good reason other than self-gain and arrogance" (HERALD SCOTLAND, 8/4).

GREEN VS. MCCOIST: In Glasgow, Alexander & McDermott reported "within minutes of arriving, Green threatened McCoist with the sack if he didn't win a cup this season." McCoist "laid into Green in an explosive post-match press conference." McCoist, when asked about Green's remarks, said, "If it was a threat, the self-acclaimed straight-talking Yorkshireman should know that boys from the west of Scotland don't scare easily." Green repeated that "the Rangers side who won the Third Division last season were the 'worst in the club's history.'" McCoist: "That would be bad luck -- to have the worst team in history and the worst chief executive at the same time" (Scotland DAILY RECORD, 8/4).

BATTLE LOOMING: In Glasgow, Richard Wilson opined "at the very least, the coming weeks will bear witness to turmoil." Brinksmanship is, after all, "seldom accompanied by a sense of calm." The ownership of the club is "at stake and two sides are determined to prevail." The next few days "will be revealing." Rangers Chair Walter Smith will "have to react to the return of Charles Green -- who had previously been intent on the removal of Ally McCloist's assistants -- and the emergence of Jim McColl as a figure attempting to force change in the boardroom" (HERALD SCOTLAND, 8/4).
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