CityDave Posted October 14, 2013 Share Posted October 14, 2013 Murray: I rejected board offer Updated on the 14 October 2013 19:42 Published 14/10/2013 14:58 Print this Paul Murray has claimed he knocked back Craig Mather's offer of a seat on the Rangers board as he refused to "ditch" allies such as Jim McColl. The former oldco Rangers director won an interim interdict at the Court of Session on Monday which blocks Ibrox chief executive Mather from staging the club's annual general meeting on October 24. Murray, however, does want seat on the board but now hopes a shareholder vote will secure it. He claims he has already turned down an offer from Mather that would have seen him join a new-look board alongside Dave King - but only if he had dropped his legal action and walked away from a partnership with billionaire businessman and Rangers shareholder McColl. Clyde Blowers chairman McColl was behind a previous bid to oust Mather from the board. Asked if he was confident he can now win over shareholders at a rescheduled AGM, Murray told Press Association Sport: "That is for the shareholders to decide. I will present my credentials in the days to come. I have always told the shareholders, 'If you don't want me on the board, don't vote for me'. "I think I can add value to the board. As you probably know, I was offered a seat on the board last week. But the condition of that was that I gave up today's hearing and that I effectively ditched my colleagues like Jim McColl and the shareholders who supported us and I just won't do that. "People think I want a seat on the board at all costs but I have got certain principles and I will stand by those principles. "All I ever wanted for the club - and I have never taken a penny out of it - is what is in the best interests of the club." Murray, who led the unsuccessful Blue Knights bid to buy Rangers before they went into liquidaton, was forced to act after Mather and his fellow directors refused to add a motion calling for four new directors to be appointed at the AGM, including himself. Murray hoped to be joined on the board by former chairman Malcolm Murray as well as backers Scott Murdoch and Alex Wilson but their resolution was denied when the board claimed it was not "validly executed". However, Lord Tyre ruled on Monday that there was "no valid legal reason" for the Rangers directors not to present Murray's motion to the rest of the club's shareholders. Rangers must now stage an AGM by December 30 and must give shareholders at least 21 days' notice. Paul Murray - who was also awarded costs for Monday's hearing - did welcome news that former director King was close to agreeing his return to the board. The South Africa-based businessman lost £20million when the club went into administration last year but could return as chairman. "I have always said that Dave King is a very good guy on a whole number of levels," said Murray outside the court. "I have always been supportive of him and I'm delighted he's involved in the club again. "He has his own plans and he has recommended to the board that I might be a useful addition. "I am prepared to join the board but I am not prepared to give up my principles." During the court hearing, Murray's lawyers accused Mather and the other Ibrox directors of engaging in "guerrilla warfare" in their battle against the former Deutsche Bank executive. Richard Keen QC also claimed that the Rangers board may have broken the law by failing to tell the rest of the club's shareholders about Murray's bid in sufficient time before the planned AGM on October 24. He said: "An offence has been committed by every member of this board. "The board have placed themselves in a very difficult situation by failing to discharge their statutory obligations. They have committed an offence. "If I am right, the consequences of that must be visited upon them." The court defeat was the second embarrassment for the Rangers board on Monday after they were forced to publish amendments to weekend statements which suggested King had been lined up as chairman to lead a new fundraising bid. Rangers released a follow-up statement to the London Stock Exchange claiming that King's position would be on the football club board, which is the company formerly known as Sevco Scotland, and not the plc board. The club, who last month announced an operating loss of £14.4million, said: "At the insistence of our nominated adviser, the board needs to make it clear, for regulatory reasons, that the board of directors referred to above is The Rangers Football Club Limited, the wholly owned subsidiary of The Rangers International Football Club PLC. "Although we welcome the support of Dave King, no decision has been made to appoint him as a director. There are regulatory matters which would need to be resolved prior to any such appointment. "The directors also expect that in the medium-term future, possibly coinciding with the return to top league football in Scotland, it may be in the best interests of the company to raise further capital. "However, there is no requirement for short-term funding, and as such neither the company nor RIFC are actively seeking finance. Nonetheless, we are committed to exploring a future involvement by Mr King in the club." Rangers later announced they would take steps to fix an alternative date for the AGM "as soon as possible" with the business included, but they defended their decision to initially oppose the notices. In another statement to the stock exchange, they said: "The board of directors of the company received clear and firm advice from its solicitors and senior and junior counsel that on the face of documents provided by the petitioners, the notices had not been signed in a manner that was authorised and as a result the directors were obliged to seek further clarification from those shareholders. "Every effort was made to engage with the petitioners on these issues however the petitioners chose to resolve the matter in court. In Lord Tyre's opinion, these irregularities did not invalidate the notices." 0 Quote Link to comment Share on other sites More sharing options...
wunfellaff Posted October 14, 2013 Share Posted October 14, 2013 (edited) The time he needed time off training for "family issues", then when Fat Boab tried to contact him he was off filming QoS*. That time. *And possibly shagging Barker, even if she did smell of pies. Probably an aphrodisiac for the fat moron, mind. I assume you have proof of this? We can't have unsubstantiated claims being made on ye olde Bralt Norman. Might not have been nailing Barker but he did dodge club business for QoS. And the old codger pegged it shortly after if I mind right...http://i.imgur.com/mBamT5P.gif Edited October 14, 2013 by wunfellaff 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted October 14, 2013 Share Posted October 14, 2013 Might not have been nailing Barker but he did dodge club business for QoS. Ah, does that explain the shameful way we voted last summer? 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted October 14, 2013 Share Posted October 14, 2013 Might not have been nailing Barker but he did dodge club business for QoS. And the old codger pegged it shortly after if I mind right... http://i.imgur.com/mBamT5P.gif Disgusting excuse for a human being, never mind a football manager. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted October 14, 2013 Share Posted October 14, 2013 Is Hellboy QC there too? I was contacted by Mather who wanted me to work on a no win no fee basis but I said f**k off as it looked grim and meant I wouldn't get paid . There was mention of a QC .. but I think HB is too clever to get mixed up in that stupidity. . 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 14, 2013 Share Posted October 14, 2013 Disgusting excuse for a human being, never mind a football manager. Wunfs a fitba manager? Does he have ginger hair...... 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted October 14, 2013 Share Posted October 14, 2013 Wunfs a fitba manager? Nope. Neither is Ally. 0 Quote Link to comment Share on other sites More sharing options...
wunfellaff Posted October 14, 2013 Share Posted October 14, 2013 Ah, does that explain the shameful way we voted last summer? I can't figure how to get it to run.....click on it though.... 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted October 14, 2013 Share Posted October 14, 2013 Don't make such stupid posts then.... ^ ^ ^ The most ironic post of the day contender right there . 0 Quote Link to comment Share on other sites More sharing options...
wunfellaff Posted October 14, 2013 Share Posted October 14, 2013 Wunfs a fitba manager? Does he have ginger hair...... Collers or cuffs ? 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted October 14, 2013 Share Posted October 14, 2013 Dave King still the pin-up boy over at orcmeeja Im pretty sure Dave King is getting himself on the inside to figure out who is who in this horrible game and then I think he will buy up lots of shares until he reaches 51% which gives him the controlling interest. Im pretty sure he wants control before he splashes cash. I think this is the way it will pan out long term. Dave King will be plotting there downfall. That guy is gonna sort the club out by playing the long game. He won't lose 20mil to chancing b*****ds twice. King's Wealth is off the radar Before what ever he paid south Africa. He was worth 1.2 billion. Richer than McColl. Dave King has always seemed to me to have a vision when it comes to Rangers: the £20 million he gave over a decade ago is the gesture of a man who wants to see something definitive happen to the club. Two things are essential if one has a vision for something. 1, a strategy, and 2, the means to carry that out. Does Dave King have these? I would suspect he does. 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted October 14, 2013 Share Posted October 14, 2013 Do none of them know he got £18 mill of his £20 mill back? 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted October 14, 2013 Share Posted October 14, 2013 Do none of them know he got £18 mill of his £20 mill back? Not many outside of P&B seem to. Well, mainstream anyway. Haven't checked on the boards of your lot but I suspect they know. 0 Quote Link to comment Share on other sites More sharing options...
Bendarroch Posted October 14, 2013 Share Posted October 14, 2013 When was the last time you had a board that wasn't a bunch of cheating "robbing c***s" ? Dermatological Des 0 Quote Link to comment Share on other sites More sharing options...
Bendarroch Posted October 14, 2013 Share Posted October 14, 2013 Do none of them know he got £18 mill of his £20 mill back? Is the proof on the back of a fag packet or an even more reliable plastic source than that? Not that I'd be surprised if he had indeed relined his pockets - but wouldn't mind the proof of that being more solid than the certainty of Rangers having our titles stripped. You'll remember how that panned out. -2 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted October 14, 2013 Share Posted October 14, 2013 but wouldn't mind the proof of that being more solid than the certainty of Rangers having our titles stripped. You'll remember how that panned out. Great stuff Bendarroch. You've found the one part of your hideous nightmare, that didn't turn out quite as horrifically badly for you as it possibly could have done. And you, somewhat charmingly, still wish to bill it as a triumph! Top work Chum. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted October 14, 2013 Share Posted October 14, 2013 Another fantastic days input from our resident Viking troll. Rangers board making a mess of their dave king statement? Rangers board spending the day taking a doing in court? Nope, ally's killie career was far more important. Tomorrow I predict debates on the shade of blue wallpaper in Durrants bedroom. 0 Quote Link to comment Share on other sites More sharing options...
Fotbawmad Posted October 14, 2013 Share Posted October 14, 2013 (edited) Not really we turned up in large numbers when the riff raff won 3 in a row and we're continuing to turn up down here in the lower echelons of Scottish fitba. It doesn't matter if the other team does 6-7 in a row, as long your team is seen to be in strong contension. When there is no hope of winning titles, or in the near future, then the fall in crowds will be dramatic. Edited October 14, 2013 by Fotbawmad 0 Quote Link to comment Share on other sites More sharing options...
CityDave Posted October 14, 2013 Share Posted October 14, 2013 (edited) From the Scottish Express - Paul Murray wants Craig Mather and Brian Stockbridge out PAUL MURRAY last night called for Rangers chief executive Craig Mather and finance director Brian Stockbridge to quit the board. By: Iain Macfarlane Published: Mon, October 14, 2013 Paul Murray has criticised Craig Mather and Brian Stockbridge Former oldco Ibrox director Murray yesterday claimed a stunning victory in the Court of Session which he claims leaves the positions of Stockbridge and Mather as untenable. Murray, right, and his allies – Malcolm Murray, Scott Murdoch and Alex Wilson – had applied to have their names added to a list of director nominees ahead of an AGM on October 24. But Mather, Stockbridge and other directors claimed the paperwork was flawed and not delivered on time. Yesterday, Lord Tyre came down on the side of Murray – dealing a potentially crushing blow to the current Ibrox directors. The AGM papers will have to be reissued with the names of the “requisitioners” added. The Murrays, Murdoch and Wilson will now compete against the current board for shareholder votes when the AGM takes place on a new date at least 21 days from now and before December 30. Murray said: “These have been shown to be perfectly valid legal notices and the club chose to ignore them. “Craig and Brian have to seriously consider their positions because I think they are untenable.” Edited October 14, 2013 by CityDave 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted October 14, 2013 Share Posted October 14, 2013 Can I just clarify, how many ex directors want on the new club's board? 0 Quote Link to comment Share on other sites More sharing options...
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