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Park has resigned


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3 minutes ago, Bad Robot said:

Not good timing but maybe as it’s the end of the tax year.

Yea these things are usually end of season decisions. Also apparently his health has been in decline lately so this could be behind this decision coming now.

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Douglas Park, who has been chairman of Rangers International Football Club PLC (RIFC) for three years, has decided to step down from his role. The RIFC Board unanimously agreed to instal the current vice-chairman, John Bennett, as the club’s new chairman.

Douglas became chairman of Rangers at the end of March 2020, assuming the role in the most challenging of circumstances. He became chairman at the onset of the Covid pandemic and went on to oversee Rangers winning its fifty-fifth Scottish League title; reach a major European final for only the fifth time in the club’s 150-year history; and lift the Scottish Cup for the first time in over a decade. Douglas also led significant investments in the infrastructure at both Ibrox and Auchenhowie.

Douglas said: "It’s been a great honour to serve the club as a director and chairman. During my eight years in office, we endured extraordinary pressures. I am glad we have stabilised and strengthened the club and it is now time for me to hand over the baton to a new chairman for the next stage in the club’s development. I look forward to continuing to attend matches supporting the team, and I wish John and all at Rangers Football Club the very best."

Chairman, John Bennett said: "On behalf of all my colleagues, and indeed the entire Rangers family, I want sincerely to thank Douglas for his eight years of service. Over the last three years, he led the club during exceptionally challenging times. It’s a source of great comfort that Douglas, although no longer a board member, will be by our side to support us in our relentless pursuit of success."

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1 minute ago, GabrielTomato said:

Wasn't fit for purpose as Chairman, but wish him all the best given the part he has played as an investor. 

Doubt we'll see much change with Bennett coming in.

Hope there isn't anything more sinister behind it.

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