Things Starting To Get Personal

Last updated : 05 March 2015 By ed_ScottishFitba

C:WindowsTempphpA0C8.tmpRumours are that tomorrow's Emergency General Meeting of Rangers' shareholders at Ibrox will go ahead without the club's two remaining directors. Chief executive Derek Llambias and finance director Barry Leach are the only men on the Ibrox board following the resignation of chairman David Somers at the start of the week. While they will be in Glasgow, it is said that they will not be attending the, anticipated, short meeting. Dave King, a director of oldco Rangers, is looking to oust the duo and replace them with himself, former brewery owner John Gilligan and Paul Murray, like King a director of the oldco which was consigned to liquidation in the summer of 2012. King claimed earlier this week he had been informed he would win the vote by a 'landslide' ruling out the need for the meeting which will cost the financially-strapped club tens of thousands of pounds.

However, his call to Llambias and Leach to step down fell on deaf ears with the duo insisting they were '100 per certain they would not resign before Friday'. But while they will be at Ibrox on the day of the meeting, it is understood they will not attend the shareholder gathering to be held at the stadium in the south side of Glasgow after two London hotels refused to stage the meeting. Llambias, a long-time associate of Newcastle owner and Rangers shareholder Mike Ashley, has already arrived in Glasgow while King, who is based in South Africa, is expected to jet in later on Thursday. Llambias did not appear to be overly concerned about the vote but asked King: "Where's your money Mr King, who is your nomad." Nomad is the nominated advisor to the stock exchange required by companies listed on the Stock Exchange. A new nomad must be appointed within 30 days to prevent the club being de-listed from the stock exchange. King, who saw Rangers' nominated advisor WH Ireland walk away on Wednesday resulting in shares in the Scottish Championship side being suspended, has yet to outline his plans for the club post-Friday.