Rangers shareholders give backing to turn debt into shares
via Soccernet Nigeria |
Dave King has thanked the Rangers shareholders for backing a move to wipe out £14million of debt.
A general meeting was held at Ibrox on Wednesday, with shareholders asked to waive rules that would have forced the chairman to make a bid for the remainder of the club’s shares.
And the motion was backed by 81.9 per cent of the votes, meaning King and his ‘Three Bears’ allies –
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