Charles Green wants former manager Walter Smith to return to Rangers to join the board of directors and advise on the football development of the club.
Green and his current fellow directors also want to make further appointments to the board of people with a background in football and a connection with the Ibrox club.
Green said there will be a plc board after Rangers are listed on AIM (formerly the Alternative Investment Market), but also a football board with responsibility for all aspects of the first team and youth development, and he is also keen for supporters to have a voice.
Smith was involved in a late bid to buy the club from Duff & Phelps last June, after the administrators had agreed to sell the business and assets to Green's consortium. At the time, Ally McCoist, the manager, told Green he could not support him against his friend and mentor. The bid failed, though, and McCoist now works closely with Green. The chief executive has also since had several detailed discussions with Smith.
"Walter knows the club better than anyone," Green said. "I'd like to get him on the board or as an advisor. Rangers need people who understand football, Rangers people who understand the culture. We're short of that. There are a number of people who know more about Rangers than I ever will. I want to draw on all of these people.
"We've said we will have a plc board, which is a stock exchange requirement, and we will have a football board. We will welcome a fan representative on that board, and it will be the heartbeat of Rangers. It should carry six, seven or eight people, who talk about youth development, the team, fans, all that makes Rangers great. We want it to be inclusive, not exclusive. We've done everything we said we were going to do."
Green also insisted that the share issue is being launched now rather than next season to allow fans to buy into the club while the share price is low. He maintained that funds are not being raised simply to cover normal running costs.
"In terms of monthly requirements, we can't run out of money," he said. "The season tickets for next season go on sale in May, as is the case for all normal clubs, so by the end of June we'll have collected that and have another pile of cash in the bank."
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article