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Walter Smith
Forum » Rangers » Rangers
Joined: 1st Mar 2012
Rank: Administrator
Likes 208
30th May 2013


WALTER SMITH is set to be appointed chairman of Rangers, with Malcolm Murray stepping down from his position.

The changes were approved at a board meeting in London yesterday as the directors attempted to find stability after a period of dissent and strife.

An announcement to the Stock Exchange was expected this morning.

Murray had been expected to either stand down or be removed from his role. He was the subject of a unanimous vote of no confidence among the seven other directors this month and had a board meeting last Friday taken place as planned he would have been voted off.

Leaving the Rangers International Football Club plc board without a chairman would have led to uncertainty among shareholders, although Smith's appointment was unexpected. He has previously expressed a reluctance to take on the role, and has twice come close to stepping down as a non-executive director during boardroom difficulties.

Smith had been critical of Charles Green, the former chief executive who resigned and will, come midnight on Friday, no longer be a director.

Much of Murray's time as chairman was spent clashing with Green and Imran Ahmad, the commercial director who left last month. It was also Murray who instigated the independent examination – by Deloitte and Pinsent Masons – into alleged collusion last summer between Green and Craig Whyte, the ex-owner.

Although Smith was an ally of Murray's during much of his time on the board, the ex-manager reluctantly came to the same conclusion as other directors a change was required. There is also the prospect of an extraordinary general meeting, called by the shareholders Blue Pitch Holdings, to contend with.

There are four resolutions to be heard at the meeting. The others were for Philip Cartmell, the non-executive director, to be voted off the board, James Easdale, the owner of McGill's Buses, to be voted on, and for Chris Morgan, said to represent the family trusts behind Blue Pitch Holdings, to also be voted on.

http://www.heraldscotland.com/ ... rs-chairman.21218281
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Joined: 1st Mar 2012
Rank: Administrator
Likes 208
31st May 2013


WALTER SMITH has agreed to become Chairman of The Rangers International Football Club plc.

The Club legend takes over from Malcolm Murray who has agreed to step aside.

Mr Murray, a lifelong Rangers fan, agreed to the change to accommodate the former manager who spoke of his honour and pride at becoming chairman of the Club which he has already served so well through two hugely successful stints as manager.

‘Malcolm stepped forward at a time when the Club needed direction and I will always be grateful to him for that,’ said Walter. ‘But we move on now and face up to the many challenges ahead as we try to rebuild and strengthen this Club.

‘Rangers should always be at the pinnacle of the game and the fans deserve nothing less.

‘Although I have been on the Board for some months this will be another departure for me but there are enough directors around to make sure we will make the kind of progress necessary and which our fans want.

‘Unity among the directors is vital. We must all be on the same page as often as possible. We won’t always agree but Rangers, this Club and our fans must always come first.

‘It is a great honour to be asked to take up this position and it goes without saying that I feel proud as well as humble. However, no one should believe that I see my role as a passive one.

‘That hasn’t been my way in the past and it won’t be my way in the future.’

Chief Executive Craig Mather said: ‘The Board believes the change will help drive the Club forward and we could not have a better man at the helm than Walter Smith.’

A lifelong supporter Malcolm Murray was appointed chairman 12 months ago and has worked to promote and protect the Club. He helped negotiate a way out of the troubles which threatened to cause irreparable damage and was one of the first to step forward when Rangers needed direction.

Mr Murray added: ‘After a year as chairman throughout a period which has probably been the most turbulent in Rangers’ history, I have decided to step down from my role so that our former manager, Walter Smith, can succeed me.

‘Walter, who certainly doesn’t need any recommendation from me, has my support and I believe he can bring stability and focus to the Club as we look to the future of this fantastic club.

‘I am a Rangers fan. My family are all Rangers fans and not a single one of us would ever consider turning away from the club no matter the difficulties placed before us.

‘It is my intention to continue supporting Rangers and to help in every way I can.’

The new chairman’s first managerial spell at Ibrox started on April 16, 1991, and following stints with Everton and then Scotland he began his second tour of duty on January 10, 2007. He did, of course, complete the Nine-In-A-Row sequence first time around wining 13 trophies in all.

He collected eight more – three championships, two Scottish Cups and three League Cups – on his return.

LINK: http://www.rangers.co.uk/news/ ... /4062-club-statement
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