This morning saw, as is required, release of a statement by Rangers to the London Stock Exchange regarding the independent investigation into the actions of its Chief executive, Charles Green.
The relevant text in the announcement read as follows:-
Rangers International Football Club plc
(“Rangers”, the “Company” or the “Club”)
Response to Media Comments
The Company announces that it is commissioning an independent examination and report into matters raised in the media over recent days relating to allegations made by Craig Whyte, the previous owner of Rangers Football Club, concerning the Company’s Chief Executive, Charles Green and the Company’s Commercial Director, Imran Ahmad. Mr Green and Mr Ahmad strenuously deny any wrongdoing and lawyers have been instructed by the Company to address these allegations. However, the Directors believe that the review will help to ensure a swift conclusion to this issue. A further announcement will be made in due course. Continue reading