3rd Nov 2014 07:39
LONDON (Alliance News) - Rangers International Football Club PLC appointed Derek Llambias to its board on Monday as a non-executive director, the latest change at the top of the Scottish football club since Sports Direct International PLC founder Mike Ashley started building his stake in the club.
Llambias, who has been working as a consultant to the Rangers board since Tuesday last week, is the former managing director of Newcastle Football Club, which is itself owned by Ashley. Llambias is a long-time friend and associate of Ashley.
On Thursday last week, the club appointed David Somers as its interim executive chairman in order to oversee the recruitment of a new chief executive and finance director for the club.
Former Chief Executive Graham Wallace and Executive Director Philip Nash both left the club after Ashley's MASH Holdings Ltd investment vehicle called for their removal.
By Sam Unsted; [email protected]; @SamUAtAlliance
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