Rangers: Jim McColl and Paul Murray to meet fans

Jim McColl: Boardroom battle. Picture: Robert Perry
Jim McColl: Boardroom battle. Picture: Robert Perry
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Rangers shareholders Jim ­McColl and Paul Murray are to meet representatives of the Ibrox club’s three main supporter groups this afternoon.

Billionaire Clyde Blowers chairman McColl and former Blue Knight Murray have been battling boardroom bosses at the club since August.

The club announced losses of £14.4 million for the 13-month period to the end of June amid allegations of failings in corporate governance. Murray hopes to win a seat at the board table when the club finally holds its annual general meeting before the end of the year following his victory at the Court of Session last week which ordered the postponement of today’s planned meeting.

The ex-oldco director and ally McColl will meet officials from the Rangers Supporters Trust, Rangers Supporters Assembly and Rangers Supporters Association to spell out their plans.

An RST spokesman said: “The RST are pleased to confirm that Paul Murray and Jim McColl have responded to our latest request, and have agreed to a meeting with us, and our sister organisations, the Rangers Supporters Assembly and Rangers Supporters Association. We will endeavour to ask as many of your questions as we can, and will, of course, publish them and any answers provided on the members area of the website.”

In August, the club told the Stock Exchange that McColl and Murray were behind a bid to have an extraordinary general meeting called to discuss removing then chief executive Craig Mather, director Bryan Smart and finance director Brian Stockbridge from the board, replacing them with Murray and Frank Blin. A deal was struck to stave off the need for an egm but Mather later blocked a fresh bid by Murray to have motions calling for himself, Malcolm Murray, Scott Murdoch and Alex Wilson named as directors from being included in the list of business discussed at the agm.

That sparked Murray’s legal bid, in which he won an interim interdict banning the shareholder meeting from taking place on 24 October. Last Wednesday, Mather and Smart resigned their posts, leaving Stockbridge and James Easdale in charge of the club’s board. The club say they are working “as a matter of priority” to appoint new directors.