Rangers owner Craig Whyte has hit back at how the club was run claiming there was a reluctance to embrace change.
Former chairman Alastair Johnston and director Paul Murray were removed from the Ibrox board on Tuesday by the club`s new owner while chief executive Martin Bain and director Donald McIntyre have been suspended pending an internal investigation.
Johnston said in the aftermath, "Myself and 26,000 other shareholders need to remain vigilant to ensure he [Whyte] remains committed to the club and honours what he said he would honour.''
However, Whyte, who will meet with new Rangers boss Ally McCoist next week to discuss summer signings, insists boardroom changes were made to bring "fresh thinking'' to the club.
"It is a huge privilege and honour to have become the majority shareholder at Rangers Football Club,'' Whyte told the club's official website. "My commitment to take the club forward is unwavering and like all Rangers supporters I want to build on the tremendous success achieved by the team in recent years.
"It is not uncommon to bring fresh thinking to an organisation in an effort to deliver greater success and that is the fundamental reason that changes have been made to the composition of the board. Further board appointments will be announced in due course.
"It would be inappropriate for me to comment on the suspensions of the chief executive and finance director at this time. I have been disappointed by some comments regarding the takeover made by former board members who are clearly reluctant to embrace change.
"I believe most Rangers supporters understand that, as a result of the takeover, the club's debt to the Lloyds Banking Group has been cleared and I have repeatedly stated to the board my intentions to invest in the team.
"I have had discussions with Ally McCoist regarding his ambition to secure players already playing for the club and also to bring new faces to the squad. These discussions will resume when Ally returns to Ibrox this week.
"These are exciting times for Rangers and the club's supporters. This past season's achievements were truly great and I am determined to continue that success for Rangers and our supporters around the world.''