By Steve Moore | Thursday 9 October 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Rangers International Football Club plc (RFC) has announced that it has received a notice from Mike Ashley (the Sports Direct founder and a shareholder in the company) requiring it to call a General Meeting with resolutions for the removal of CEO Graham Wallace and fellow director Philip Nash. The following updates on a further addition to the extraordinary goings on since the company’s 2012 AIM admission.
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