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Rangers

 By PA Sport

Rangers directors deny 'pay-off' claims as Dave King's takeover continures

Derek Llambias and Barry Leach remain Rangers' only boardroom representatives after chairman David Somers and director James Easdale quit on Monday.

Rangers' two remaining directors have denied clinging on to their boardroom roles while they demand a pay-off.

Dave King claims he is on the verge of ascending the Rangers throne, saying Ibrox chief executive Derek Llambias had admitted defeat.

But despite securing a "landslide" victory in his battle for power, Llambias and the club's other director Barry Leach are refusing to quit before Friday's general meeting.

King alleges the long-term associates of Newcastle owner and Gers investor Mike Ashley...

 By PA Sport

Mike Ashley fined £7,500 by Scottish FA after dual ownership rule breach

Newcastle fans are eagerly anticipating to see who owner Mike Ashley appoints as new manager.
Ashley was found to be in breach of one SFA charge, but cleared on another.

Billionaire Newcastle United owner Mike Ashley has been fined 7,500 pounds by the Scottish FA (SFA) for breaching "dual ownership" rules with his involvement in Rangers.

The Sports Direct tycoon owns 9.82 percent of the Ibrox outfit but is prohibited from going over 10 percent by an agreement struck with Hampden chiefs designed to limit his power at the Glasgow giants.

As part of that agreement, Ashley also gave an undertaking not to exercise undue influence on the club's board.

However, his behind-the-scenes...

 By PA Sport

Rangers chairman David Somers resigns from board of directors

Somers' departure means just two board members remain at the Scottish club.

Rangers have announced non-executive chairman David Somers has resigned from the club's board of directors.

The 7 a.m. statement to the Stock Exchange followed speculation on Sunday night which suggested the 66-year-old -- a deeply unpopular figure with fans -- was ready to walk before he was pushed out of the club at a general meeting on Friday.

His departure leaves the Ibrox club with just two board members, chief executive Derek Llambias and finance director Barry Leach -- both of whom can expect...

Falkirk 1-1 Rangers

FalkirkFalkirk
RangersRangers
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Rangers missed the chance to go second in the Scottish Championship as they were held to a 1-1 draw by Falkirk on Friday evening.

The visitors took a first-half lead with a strike from defender Darren McGregor but Falkirk replied instantly through a header from Rory Loy, who this week signed a pre-contract deal to join Dundee in the summer.

Peter Houston's side move up to fourth after a result that extended their unbeaten run to nine matches, although they will feel they could have secured all three...

 By PA Sport

Felix Magath gives his stake to Rangers Supporters Trust

Felix Magath's shares take the Rangers Supporters Trust stake up to 5.53 percent of the club.

Former Fulham boss Felix Magath has proxied his shares in Rangers to the club's supporters ahead of next week's crucial general meeting.

The German coach -- three times a Bundesliga winner with Bayern Munich and Wolfsburg -- made a surprise purchase of 810,000 shares in the Glasgow giants early last month.

But with a week to go until the decisive Ibrox shareholder meeting which could force the current regime out of the Blueroom, he has now handed control of his stake to the Rangers Supporters Trust.

RST...