As anticipated, the Rangers board has seen off a challenge by rebel shareholders. The board defeated attempts by a group of shareholders led by former chairman Malcolm Murray to gain seats, with a comfortable majority.
About 1,800 shareholders greeted the club’s board with chants of ‘out, out, out’ at the AGM which was held on a specially constructed stage at Ibrox stadium.
About a third of shareholders voted against the reappointment of finance director Brian Stockbridge – the only remaining director of the club’s original board. His long-term future remains unclear, however.
As anticipated, the Rangers board has seen off a challenge by rebel shareholders. The board defeated attempts by a group of shareholders led by former chairman Malcolm Murray to gain seats, with a comfortable majority.
About 1,800 shareholders greeted the club’s board with chants of ‘out, out, out’ at the AGM which was held on a specially constructed stage at Ibrox stadium.
About a third of shareholders voted against the reappointment of finance director Brian Stockbridge – the only remaining director of the club’s original board. His long-term future remains unclear, however.