Pounds 50m ; Murray Returns to Rangers Helm As He Paves Way for Debt-Busting Deal

Summary

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DAVID MURRAY returned as Rangers chairman yesterday and immediately paved the way for a Pounds 50million Ibrox rescue plan by substantially increasing his stake in the debt-ridden club.

In a dramatic development ahead of tomorrow's Old Firm showdown, Murray regained the day- to- day running of Rangers, with current chairman John McClelland making way while retaining a place on the board.

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Extract

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Pounds 50m ; Murray Returns to Rangers Helm As He Paves Way for Debt-Busting Deal

And the changes may not be exclusive to the boardroom, with reports last night linking Graeme Souness to the managerial ho...

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