Rangers’ finance chief Philip Nash resigns after Mike Ashley oust threat

first_imgSaturday 25 October 2014 4:22 am whatsapp Glasgow Rangers’ share price tumbled this afternoon on the news that director Philip Nash quit, three weeks after Mike Ashley called for his removal.  Nash, who had prior stints as finance chief of both Liverpool and Arsenal, was brought in at the start of the year to help improve the club’s standing after it had suffered a period of money troubles.  Rangers entered administration in February 2012 before going into liquidation later that year, resurfacing in the third division of the Scottish League. Ashley, who is also the founder of Sports Direct and owner of Newcastle United, bumped up his existing holding to 8.29 per cent stake in early October, simultaneously calling for the heads of Nash and chief executive Graham Wallace. The board said at the time it was “united in its support of the executive team”.  In its announcement today, it said Nash had resigned with immediate effect, adding:  The board would like to thank Mr Nash for his significant contribution to the company during what has been a particularly challenging period. Rangers, which is registered as Rangers International Football Club, saw its share price fall 2.4 per cent today.   whatsapp Show Comments ▼ Catherine Neilan Share Rangers’ finance chief Philip Nash resigns after Mike Ashley oust threat More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: Mike Ashley Peoplelast_img

Leave a Reply

Your email address will not be published. Required fields are marked *