MX23RW : Wednesday, December 25 16:38:04| >> :120:31107:31107:

Ally McCoist 'hands over one million Rangers shares to supporters' club'

Rangers manager Ally McCoist reportedly hands over under 3% of the club's stock to the Calderwood Loyal in East Kilbride.

Rangers manager Ally McCoist has reportedly handed over one million shares to supporters' club the Calderwood Loyal in East Kilbride ahead of Thursday's annual general meeting.

The 51-year-old could complicate his relationship with the board further by deciding to keep a promise to give under 3% of Rangers' stock to his local supporters' club.

McCoist said that he would give the club, which his late father was a member of, the stake when he first took control of the shareholding last year, according to the Daily Record.

The proxy vote is expected to be used against the board in the meeting on Thursday.

The East Kilbride club are members of the Rangers Supporters' Association, who are against finance director Brian Stockbridge and James Easdale being re-elected.

ID:124736: cacheID:124736:1false2false3false:QQ:: from db desktop :LenBod:restore:1349:
Written by
Danielle Joynson
Restore Data
Share this article now:
Jon Daly of Rangers celebrates scoring his goal during the Scottish League One match between Rangers and Dunfermline at Ibrox Stadium on November 6, 2013
Read Next:
Rangers cruise past Ayr to earn 20th straight win
>