Green tells McColl to put up or shut up at Rangers
Charles Green has told businessman Jim McColl to show the colour of his money if he wants to have any say in the running of Rangers.
The Glasgow giants are in the grip of a bitter power struggle after former oldco director Paul Murray and Scottish accountant Frank Blin, who is believed to be close to McColl, made a bid for power at the club.
The requisition for a general meeting, which is believed to have been signed by a group with a combined stake of about 30 per cent in Rangers, aims to see the removal of Green associates Brian Stockbridge and Bryan Smart from the board, along with chief executive Craig Mather.
Green – who resigned as chief executive in April and who is back at the club as a consultant – said: "What I would say to Jim McColl – the world's richest Scotsman –is put £14million in a bank account by Friday of this week and me and my consortium will deliver to you 20 million shares, which is about 28 per cent of this club.
"Then I know you are serious about it.."
Green's comments came as McColl issued a statement in which the Clyde Blowers chairman insisted he was not interested in a seat on the board or increasing his shareholding – but was determined to see boardroom change.
Green added: "We have a group of people – Paul Murray, the Blue Knights – who were going to buy (the club) from Duff and Phelps and failed.
"Paul Murray was on the board of Rangers when Craig Whyte bought it for £1. Well, if he had given David Murray £2, he would have bought it but maybe Paul Murray didn't have £2 at the time.
"We have a situation from time to time where these people surface. After I'd bought the club, the Blue Knights again, through Douglas Park and various people, said: 'We'll buy it off you.'
"Walter [Smith], regrettably for him, agreed to allow his name to be put at the front and he was let down again because they didn't turn up with any money."
The off-field turmoil took a fresh twist when former manager Walter Smith quit as chairman, before urging fans to back the proposed boardroom changes.
Green himself stepped down as CEO in April, amid claims of close links with discredited former owner Craig Whyte at the time of the Green consortium's acquisition of Rangers' business and assets last summer.
Green added: "The club is an absolute mess. I left the club in April to allow it to move forward, to get on, for me not to be involved because of the Craig Whyte issues.
"What I wanted to do was to see Rangers prosper and I think if you read Walter's statement yesterday, he made the point that the board is completely disfunctional and couldn't agree on anything."