Mike Ashley and Rangers FC have both been given notices of complaint by the Scottish FA, and have been accused of influencing the management of the Ibrox club.
Lee Charnley with Mike Ashley
Mike Ashley owns Newcastle United outright, and he owns just less than 10% of Rangers, but is not allowed by the Scottish FA to go above 10% ownership of Rangers, because he owns Newcastle.
The Scottish FA wrote to Ashley in October seeking clarification about the extent of his ownership in Rangers FC , although it’s clear because of the £3M loan he has given Rangers to see them through the end of the year, he essentially now controls Rangers.
That seems to be what the Scottish FA is concerned about, and they want to understand exactly what the Newcastle United owner’s influence is at Rangers FC – because he officially owns less than 10% of Rangers.
Ashley has apparently failed to give the Scottish FA any clarification of his role at Rangers FC, and he is being charged with failing to behave towards the Scottish FA and its members with “the utmost good faith”.
Rangers FC are being charged with misleading the Scottish FA over the amount of influence that Ashley now has after the £3M loan.
A hearing into the matter has been set for Tuesday, January 27.
It looks like Mike Ashley isn’t exactly the most popular person with the Scottish FA at the moment.
This news comes after Rangers’ manager Ally McCoist has resigned from his position, and Rangers informed the Stock Exchange this morning, and Ally will be on a 12-month notice period, but his wages have been increased to £750K per year.
This is the statement from Rangers FC today:
“The company announces that Alastair McCoist, manager of the first team squad, has resigned. His service contract dated December 28, 2010, which was subsequently amended, has a 12-month notice period (‘Notice Period’).”
‘The directors will hold discussions with Mr McCoist to seek an amicable solution in the best interests of the company, and expect to be in a position to make a further announcement before the end of the week. During the notice period, Mr McCoist’s salary will increase significantly to £750K per annum.”
So one question is – was Mike Ashley behind McCoist’s resignation?
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