Shareholder group moves to oust Rangers chief executive Craig Mather The power struggle in the Rangers boardroom took a fresh twist as a group of disgruntled shareholders called for the removal of key directors. Hours after the appointment of former chief executive Charles Green as a paid consultant, a further statement to the London Stock Exchange revealed that a group of shareholders had launched an official bid to join the board. They also called for the removal of chief executive Craig Mather. The statement read: "The board of Rangers confirms that, on 1 August 2013, it received a notice requisitioning a general meeting of shareholders. The requisition puts forward resolutions for the removal of Craig Mather, Brian Stockbridge and Bryan Smart as directors of the company and the appointment of Paul Murray and Frank Blin as directors of the Company. The board is verifying whether the requisition is properly constituted and further announcements will be made as appropriate. Earlier, a brief statement from Rangers to the Stock Exchange confirmed Green's new appointment and added: "Mr Green's role will be to promote the interests of Rangers Football Club, specifically assisting with shareholder relations and advising the company on its capital structure." Craig Mather was made the permanent chief executive of the company in June. The 42-year-old has been the interim chief executive since April when Charles Green stood down from the role. When he originally invested in Rangers, Mr Mather said he wanted to get involved with the youth development side of the club through sports management firm he co-founded, Simply Sport Management, which represents footballers, cricketers and rugby players. He was appointed director of sports development at Rangers in October 2012 after his investment. Former Ibrox director Paul Murray, who fronted a group called the Blue Knights, attempted to buy the club in the spring of 2012. Along with businessman Brian Kennedy, they submitted a conditional takeover offer for the Glasgow side before pulling out in May 2012. Blin is the former executive chairman of accountancy firm PricewaterhouseCoopers and it is understood the dissenting group have lined him up to perform a forensic investigation of Rangers' finances if successful in their bid to install him to the board. It is understood the action has come from a group of shareholders, including both Rangers fans and professional investors, who have "concerns over the corporate governance" at Ibrox and feel they have the best interests of the club at heart. One shareholder, a London-based professional investor who is a season-ticket holder at Ibrox, told Press Association Sport: "I want to know the costs inside Ibrox and know that they are under control. I would like to know exactly how much money Craig Mather is being paid, in fact I would like to know all the figures at Ibrox. The fans and investors deserve to know. The fans are the lifeblood of the club and they have been kept in the dark for too long. How much is Charles Green getting paid? And, if he's here to represent the shareholders, then what are the stockbrokers doing and are they on a retainer? Green, who resigned as chief executive in April, has been appointed as a consultant to the company and will now help to "promote the interests" of Rangers. Shareholders in UK public limited companies require the support of five percent of voting shareholders to call meetings and the same percentage is required to table resolutions. Once a requisition has been lodged, the directors of a board are required to call a general meeting within 21 days and hold the meeting within a further 28 days. In the case of attempted removals of directors, a statutory notice period also applies but can be run in parallel with the 21 days.