Tag Archives: Walking Away

Walter Smith Bids Farewell to Rangers Board Which Created a “Highly Dysfunctional Environment”

Walter Smith statement


It is with the greatest of regret that I have to announce to Rangers supporters that I have decided to step down as Chairman of Rangers Football Club. It is, I am convinced the correct thing to do under the circumstances.

Unfortunately, recent events have led me to the conclusion that the only option left open is for me to submit my resignation and to leave the Board of Directors with immediate effect.

Working with a Board which could rarely find consensus and agreement has created a highly-dysfunctional environment which has not been good for the Club. On top of that, there has been recent further disruption which again has rendered the Board less effective and efficient than it ought to have been. Continue reading

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Walter Smith Walks Away From Rangers

The BBC’s Chris McLaughlin was spot on when he suggested last night that Walter Smith was on the point of leaving Ibrox.

The Rangers website today has the following statement:-

RANGERS announces that Walter Smith has today resigned from his position as Chairman and a director of the Company with immediate effect.

Short and sweet? Continue reading

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