Home | Business News | Browse by Publication | T | The Mail on Sunday (London, England)

POWERLESS; Smith: Rangers' affairs are being controlled by bank; Bank is in charge of our affairs, says Smith.

Publication: The Mail on Sunday (London, England)
Publication Date: 25-OCT-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: POWERLESS; Smith: Rangers' affairs are being controlled by bank; Bank is in charge of our affairs, says Smith.(Sport)

Article Excerpt
Byline: Fraser Mackie

RANGERS manager Walter Smith last night admitted for the first time that his club is being run by the banks.

Speaking after the 1-1 home draw with Hibernian, Smith became the first member of club's hierarchy to concede the bottom line of the financial clampdown at Ibrox.

Since David Murray stepped down as chairman, his replacement Alistair Johnston and chief executive Martin Bain had rejected the suggestion that HBOS were running Rangers.

But that stance changed last week with the low-key appointment of Donald Muir as a non-executive...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.