The Rangers board have confirmed Douglas Park as the new Deputy Chairman of the club’s parent company, Rangers International Football Club Plc (RIFC) as they continue to rebuild the Ibrox giants after financial meltdown.
The Ibrox giants announced the change in a statement on their official website on Thursday and reveal it was a move “requested” by chairman Dave King.
Park, and his son Graeme, are both directors of the club’s parent company and the move is, according to the club, designed to give “an important local interaction between RIFC and the executive running the football club.”
With the Light Blues expected to undergo another massive overhaul of the playing staff as well as likely appointing a new manager, the Ibrox board can’t afford any more mis-steps.
The bus tycoon was one of the investors known as ‘The Three Bears’ who, along with King, forced boardroom change and replaced Mike Ashley’s cronies Derek Llambias and the Easdales.
Football Insider verdict:
The move looks designed to give thee Park’s more power within the Ibrox boardroom and allow chairman Dave King to take even less of an involved role in the running of the business. King and The Three Bears have triggered a mandatory offer the remaining shares in the club they don’t hold, with King left holding the baby and having to shell out as much as £11million on shares. There isn’t likely to be any noticeable change for fans though with the change in the boardroom.
In other Rangers news, Gers fans were blown away by this winger’s performance in the 4-0 win over Breidablik.