Response to Media Comments

RNS Number : 3137C

Rangers Int. Football Club PLC

15 April 2013

 



15 April 2013

Embargoed for 07:00

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.

For further information please contact:

Rangers International Football Club plc	www.rangers.co.uk
Charles Green, CEO/ Brian Stockbridge, CFO	Tel:    [phone]
Cenkos Securities plc
Stephen Keys, Adrian Hargrave, Max Hartley (Corporate Finance)	Tel:   [phone]
Russell Kerr (Corporate Broking)
Newgate Threadneedle
Graham Herring / John Coles / Roddy Watt / Fiona Conroy	Tel:   [phone]

About Rangers Football Club

Rangers Football Club, formed in Scotland in 1872, is one of the world's most successful clubs, having won 54 League titles, 33 Scottish Cups, 27 League Cups and the European Cup Winners' Cup in 1972. The Club's loyal and sizeable supporter base, both in Scotland and around the world, enables the Club to boast one of the highest percentages of season ticket holders in the UK, with over 38,000 having been sold for the current season. Playing at the 51,082 seater Ibrox Stadium and benefitting from the world class 37 acre Murray Park training facility, the Club has been a dominant force in Scottish football for decades. This world class stadium, training infrastructure and a loyal and passionate global fanbase provide an excellent foundation for the Rangers Group.

Currently the Club is competing in Division 3 of the SFL, though it is the intention of the Directors and the manager for the Club to return to top level football as soon as possible. The history, facilities and ambition of the Club are such that the Club remains a desirable destination for foreign and domestic players alike. The first team squad is managed by Ally McCoist, the former Rangers forward, who remains the Club's all-time leading goal scorer.

For more information please visit the website: www.rangers.co.uk

 

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