MX23RW : Wednesday, November 6 02:56:37| >> :120:23905:23905:

James Easdale resigns from Rangers board

James Easdale resigns as a director at cash-strapped club Rangers, having bowed to intense pressure aimed in his direction from supporters in recent times.

James Easdale has resigned as a director at cash-strapped club Rangers with immediate effect.

In a statement released to the London Stock Exchange this morning, the Scottish outfit confirmed that the bus tycoon will stand down from his position.

"Rangers announces that James Easdale has resigned from the Boards of the Company and Rangers Football Club Limited with immediate effect," the statement read. "He leaves Rangers having never received any remuneration, bonus or compromise payment during his time at the club.

"He would like to thank all the fans and shareholders who supported him and wishes the club a speedy return to the top flight of Scottish football and beyond."

The news comes just a week before the Gers' highly anticipated Extraordinary General Meeting at Ibrox, which was due to be held in London before "threats" forced two hotels to pull out of hosting the talks.

Easdale was one of four directors in the firing line at that board meeting, and he admitted in a short statement of his own that surviving such a vote would be "a hollow victory" without the full backing of Rangers supporters.

"I drew great comfort from the shareholder votes in my favour at the AGM on December 22 - almost 90%," he said. "However, it was clear that this cut little ice with the fans who attended Ibrox on that day.

"I personally feel to remain on the board even after securing shareholder backing once more would be a hollow victory for me without the fans' support to help the club go forward. I also want to dispel any remaining doubt that I received any remuneration from Rangers.

"I did not. Instead, I chose to work for free to benefit the club. I want to see Rangers flourish again with both fans and shareholders working in harmony. To help achieve that objective, I think it is in the best interests of the club that I step aside and resign from the board of Rangers FC."

Rangers Supporters Trust announced on Tuesday that it had purchased shares from Beaufort Nominees, which was previously under the control of Sandy Easdale - the brother of James Easdale - through a proxy.

ID:207666: cacheID:207666:1false2false3false:QQ:: from db desktop :LenBod:restore:3186:
Restore Data
Share this article now:
A general view of Ibrox Stadium home of Glasgow Rangers FC on February 14, 2012
Read Next:
Rangers fans call for "mass demonstration"
>
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Celtic109102932628
2Aberdeen109102091128
3RangersRangers10613158719
4Dundee UnitedDundee Utd114431513216
5Motherwell105141313016
6Dundee113351720-312
7St Mirren123361521-612
8Kilmarnock113351523-812
9Ross County122641018-812
10St Johnstone123181525-1010
11Hearts122371419-59
12Hibernian111551016-68


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!