McCoist gives voting rights to Rangers fans' club for AGM

ALLY McCOIST has handed over the voting rights for his Rangers shares to his local supporters' club.

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McCoist has over one million shares
McCoist has over one million shares

The Ibrox boss owns more than one million shares in Rangers International Football Club plc and is entitled to a say at Thursday's AGM that could see the current Light Blues board ousted in favour of four new members.

McCoist has given his stake to the Calderwood Loyal RSC in East Kilbride, who look set to vote against the current Ibrox hierarchy.

Chief executive Graham Wallace, chairman David Somers, finance director Brian Stockbridge and directors James Easdale and Norman Crighton will all stand for re-election at the shareholder summit and McCoist has followed through on a long-standing promise he would give the supporters' club both he and his father were members of his voice at the meeting.

Meanwhile, board hopeful Paul Murray will give up his dream of a seat at the Ibrox top table if he falls short this week.

Murray, ex-Gers chairman Malcolm Murray and businessmen Scott Murdoch and Alex Wilson, are bidding to claim positions on the board and have the backing of institutional investors and the majority of supporters.

The former Blue Knights leader was a vocal critic of both Craig Whyte and Charles Green when they assumed power at Ibrox but reckons this is his last chance.

He said: "The reason we went to the Court of Session was because we felt it was important for the shareholders to be given the chance of a democratic vote at the AGM. I will stand or fall by that democratic vote.

"The shareholders have the right to vote for the board they want and I will stand by their decision, whatever it is. I feel as though I have a lot of support, I know there are a lot of people behind me.

"But if I don't get enough votes I have to accept that, and I will accept that. I would walk away because I don't think there is much more that I can do.

"As Jim McColl said a few weeks ago, our campaign if you like, has already been a success.

"When we started this process, of the six directors who were on the board at the time, only two are left.

"We have raised all the issues and fears to the public. Everyone can see for themselves what the issues are at Rangers."


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