Scottish Daily Mail

RANGERS TIMELINE

HOW THE BATTLE FOR IBROX HAS UNFOLDED

- BY JAMES RESTALL

Oct 25, 2014 ASHLEY WINS BOARDROOM BATTLE

Newcastle United owner and Sports Direct tycoon secures control of the Ibrox boardroom with his offer of a £2million loan — which he later ups to £3m

Dec 22, 2014

CRIES OF ‘SACK THE BOARD’

David Somers, chief executive Derek Llambias and directors James and Sandy Easdale meet with a hostile reception from Rangers fans at the annual general meeting

Dec 23, 2014 SFA BLOCK ASHLEY’S POWER GRAB

The governing body ‘unanimousl­y’ reject plans to allow Ashley to increase his stake at Ibrox from 8.92 to 29.9 per cent due to his holding in Newcastle

Dec 31, 2014

THE THREE BEARS MOVE IN

Wealthy Rangers supporters Douglas Park, George Letham and George Taylor — the ‘Three Bears’ — buy Laxey Partners’ 16-per-cent stake for £2.7m and raise their holding to 19 per cent

Jan 2, 2015

RETURN OF THE KING

Dave King, having fallen silent for so long, throws his hat into the ring once more as he buys 11million shares — 14.5 per cent of the club — to heap more pressure on the board

Jan 4, 2015 SARVER SEEKS TO BE PRODIGAL SUN

Battle for control of Rangers takes a twist when Robert Sarver, American financier and owner of Phoenix Suns basketball franchise, launches an £18m takeover bid

Jan 5, 2015

SANDY STUMPS UP

Football board chairman Sandy Easdale hands Rangers a crisis loan of £500,000 to avoid the club being wound up by the tax man over non-payment of National Insurance

Jan 12, 2015 BOARD THROW OUT SECOND SARVER BID

Sarver walks away after board reject his takeover, saying it did not ‘adequately value a controllin­g interest in the company’. So, who is going to save Rangers now?

Jan 15, 2015

ASHLEY’S GAME OF RISK

Ashley offers the club a £10m loan — with Ibrox and Murray Park as security. Fans slam the move and point to the board’s previous declaratio­ns that the ground was ‘sacrosanct’

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