chilledbear 16 Posted March 27, 2017 Share Posted March 27, 2017 (edited) FOLLOWING a recent review, there have been some minor changes to Rangers’ internal governance structures. At the time that the previous board was removed, there was a dual reporting structure that duplicated non-executive director roles at the holding company (RIFC) and at the operating company (TRFC). This structure was not in accordance with best practice and appears to have been put in place by the previous board to accommodate the inability of Sandy Easdale to sit on the holding company board. The TRFC operating board has now been fully functioning for some time and with the imminent appointment of a Director of Football the RIFC board believes that it is appropriate that the TRFC board continues to function independently of the RIFC board within the mandates and budgets set by RIFC. Consequently, the non-executive directors appointed by RIFC to the TRFC board will now exercise their roles solely as non-executive directors of the holding company, RIFC. The executive management of the Club will then form the board of TRFC. https://rangers.co.uk/news/club/company-statement-3/ Edited March 27, 2017 by chilledbear 0 Quote Link to post Share on other sites More sharing options...
stewarty 2,027 Posted March 27, 2017 Share Posted March 27, 2017 Having a wee chuckle at the Easdale dig... 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted March 27, 2017 Share Posted March 27, 2017 This means that Gilligan, Murray and Graeme Park have resigned from the board of the club, leaving only Stewart Robertson and Andrew Dickson as current serving directors. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted March 27, 2017 Share Posted March 27, 2017 I don't see what the issue of having PLC non-execs on the board of the club is. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted March 27, 2017 Author Share Posted March 27, 2017 The TRFC operating board has now been fully functioning for some time and with the imminent appointment of a Director of Football the RIFC board believes that it is appropriate that the TRFC board continues to function independently of the RIFC board within the mandates and budgets set by RIFC. "the imminent appointment of a Director of Football" 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted March 27, 2017 Share Posted March 27, 2017 Did the structure not predate Easdale's directorship? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted March 27, 2017 Share Posted March 27, 2017 Did the structure not predate Easdale's directorship? Sure did. Sandy was appointed to the club board on 11/9/13, and Green, Ahmad, Walter and Malcolm Murray joined in 2012. The latter 3 were all non-execs. 0 Quote Link to post Share on other sites More sharing options...
Uilleam 5,948 Posted March 27, 2017 Share Posted March 27, 2017 I struggle to see anything overtly sinister in this. The appointment of PC was, said King, undertaken by the football board, and was a decision with which he, as Chairman of the main Board was not/could not be/would not be involved. (Handily avoiding blame, as the more cynical may opine.) It seems clear (as clear as anything with Rangers) that the desire of the main Board is to have the football side running separately, quasi independently, on the philosophy, perhaps, of not buying a dog and barking yourself. Or am I being completely naive? 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted March 27, 2017 Share Posted March 27, 2017 so is Stewart Robertson running things 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,724 Posted March 27, 2017 Share Posted March 27, 2017 :lol: 0 Quote Link to post Share on other sites More sharing options...
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