IN THE BALANCE says MATTHEW LINDSAY
BOTH sides in the struggle for control of Rangers seem confident they have enough backing to take or retain power at Ibrox.
Paul Murray, the former director who is part of a group pushing for boardroom change, revealed at the weekend they have significant support. The businessman explained how investors, concerned about the lack of financial transparency and corporate governance, with a one third stake in the club had asked them to get involved.
Yet, those they wish to depose, most notably chief executive Craig Mather, have been scathing about their destabilising influence and motives.
The decision by former PricewaterhouseCoopers accountant Frank Blin to remove himself from the process last week was undoubtedly a blow to the requisitioners. But will that development affect which party the institutional investors get behind? At the moment, it is anybody's guess.
McCOLL and MURRAY says JOHN McGILL
A FIGURE such as Jim McColl does not throw his weight behind a business venture unless he is confident that it will ultimately succeed. The Clyde Blowers chairman, a lifelong Rangers fan, has not amassed such significant personal wealth without being a shrewd operator.
He will have ascertained if the support of the investors who were concerned about the lack of financial transparency and corporate governance at Rangers was enough for them to gain control. The majority of fans back the moves to remove Craig Mather, Bryan Smart and Brian Stockbridge from the board.
One of the accusations levelled at McColl and Paul Murray is that they have not ploughed any significant sums of money in their beloved club.
But, by the same token, they are not interested, unlike many others, in making a profit on their interest in the Glasgow institution. Rangers need men who want what is best for the club and not their bank balance.