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SBD Global/August 8, 2013/Franchises
Scottish Businessman Jim McColl Rejects Challenge To Invest $22M Into Rangers
Published August 8, 2013
MASTER PLAN: In Glasgow, Keith Jackson reported Green’s "media onslaught was a premeditated plan to ridicule McColl’s move to wipe out the current boardroom, even though the Scot has the backing of a huge percentage of the institutional shareholders who are the club’s majority shareholders." McColl came back "with all guns blazing." McColl: "There is a bigger job here to safeguard the future of the club -- it’s not about lining Charles Green’s pockets. It’s about cleaning up the mess these people have created and doing what is right for Rangers." He added, "That’s the point many people are missing, Green included. This was never going to be a buy-out or a takeover. This is just a matter of ensuring that the club is run correctly by people who have Rangers’ interests at heart" (DAILY RECORD, 8/7).