Green was 'worth double pay'

FORMER Rangers chief executive Charles Green claims he deserved to be paid double for the work he did at Ibrox.

Loading Comments
Share
Print

The club's official accounts from last year show that the Yorkshire businessman received £933,000 - including a severance payment and bonus - for the 10-month period he was employed by them.

He also pocketed a profit after selling off his shares in the club to investors Sandy Easdale and Laxey Partners.

But Green says he was worth much more after helping to relaunch the company that owned the club after it was liquidated in the summer of 2012.

He is reported to have said: "When I joined Rangers I was the only employee, the only director, the only investor.

"I was on the same salary as Ally McCoist. But [former chairman] Malcolm Murray said that was too much and halved it.

"For the work I did at Rangers I should have had double.

"My salary was £360,000 a year. I didn't take 12 months' notice. I agreed with [former director] Ian Hart that I would take less money because I didn't want to penalise the club.

"The bonus was a bonus which was in my contract and I was entitled to it."

Green had to resign in April 2013 when allegations of links to former owner Craig Whyte emerged, and he denied any wrongdoing.

The ex-Sheffield United chief executive did return to the League One leaders for an 18-day stint as a paid consultant last summer but was again forced out after a public spat with McCoist.

The 60-year-old says he never wanted to leave Ibrox. He added: "I would have liked to have stayed at Rangers but I was driven out of that club. I would have happily carried on at the club."

In January, McCoist agreed to a 50% cut to his £825,000-a-year salary.

Business

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

155058

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Games news:

Putting the world to rights

Gail's Gab

Why I am going up the dancin’ for Tommy’s last date on his indyref tour.

Times Out

Entertainment

Lifestyle

TV Advert
Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.

Janice Bell

Janice Bell

You Couldn't Make This Up

Driven to distraction by our karaoke chaos.

Michelle McManus

Michelle McManus

Columnist Michelle McManus is Sussed in the City, and loves to chat about anything and everything.