King to cash in after Murray resigns
Gers chairman wants investors on Ibrox board
RANGERS are looking to expand their boardroom influence as they seek to attract fresh investment at Ibrox.
Chairman Dave King has accepted the resignations of directors Paul Murray and Barry Scott as he prepares for a reshuffle of key personnel. Motoring tycoon Douglas
Park was recently appointed vice-chairman in a move that allied him even more closely with Johannesburg-based King.
They are now looking to appoint at least two new non-executive directors, not necessarily Rangers fans, with a view to opening the door to fresh investment at the club.
No announcement is imminent but King and his board are working behind the scenes to bring in highcalibre candidates to help compete with the financial dominance of Celtic.
King, who has also spoken of his desire for a female presence at the club, has promised Steven Gerrard a significant transfer budget if he agrees to take over.
Talks with the Liverpool icon are ongoing but despite reports a deal has not been concluded and discussions will continue later this week.
Murray, 54, joined the Ibrox board in 2015 after playing a key role in ousting the previous regime, allowing King and the so-called Three Bears to seize control of the club.
Hong Kong-based Scott was only appointed to the board in December 2017 as part of a group that gave £6.5million loans to the club.
King and Park are looking to appoint non-executive directors who will take a more strategic view of the club’s development rather than seeking a day-to-day influence at the club.
The Ibrox board have come under fire for their failure to find a successful manager to challenge the superiority of Celtic.
Rangers insiders claim King’s ongoing dispute with the takeover panel was not a factor in the decision of Murray and Scott to step down, just 24 hours after Graeme Murty was axed.