Walter Smith Quits as Rangers Chairman

Rangers chairman Walter Smith has resigned from his post at Ibrox just months after taking up the position.

Smith, asthma | who is a former manager of the club, replaced Malcolm Murray in the non-executive position in May, and his resignation comes at a time of unrest at the club.

Former Chief Executive Charles Green returned to the club as a paid consultant, just months after leaving due to an investigation into his dealings with past owner Craig Whyte.

Since his return, a national paper quoted Green as saying that manager Ally McCoist could be sacked, even if they won the League One title and also said the current Rangers squad was the worst in the club’s history.

He was later described as an embarrassment to the club by McCoist and it is unclear whether Smith leaving Rangers is linked to Green’s return.

Current CEO Craig Mather also became embroiled in an argument with a group of shareholders who made steps to remove him from his position.

Smith won 21 major trophies during his time as Rangers manager, over two periods.

He is expected to release a statement regarding his departure in due course.

More to follow…