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SBD Global/September 3, 2014/Franchises

Scottish Championship Side Rangers Chair David Somers Claims He's Underpaid

Scottish Championship side Rangers Chair David Somers "has made the stunning claim he is being underpaid" -- after leading the club to the brink of financial collapse, according to Gary Ralston of the Scotland DAILY RECORD. His admission "is set to anger the supporters" who have been told the club have a fortnight to raise £4M ($6.6M) or it is "set for administration." It comes at a time when Rangers CEO Graham Wallace "has refused to deny he will be taking a contractual bonus" of up to 100% of his £315,000 ($519,000) salary. Somers, 65, trousers £2,500 ($4,100) a day for his work as non-exec leader of the Ibrox board, an annual package of £60,000 ($98,800) a year for a contract that requests "he works a maximum two days a month" (DAILY RECORD, 9/2).
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