Murray: Why I've Decided It's Time to Go

The HeraldAugust 27, 2009

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Summary


SIR DAVID MURRAY last night insisted that his departure from the Rangers boardroom did not herald the sale of the club. "I promise you, " he told The Herald, "there is no prospect of a sale. If there was, I would have to inform the stock exchange."

Murray, who bought Rangers for GBP6m in November 1988, will give up his posts as director and chairman and will be succeeded as the latter by Alastair Johnston, 61, a director of the club for the last five years.

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Extract


Murray: Why I've Decided It's Time to Go

Murray said his decision to depart had been taken on his own and without pressure from outside interests. "This has not been caused by the banks or by supporters, " he said, rubb...

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