Murray plans to rebuild Rangers

Ibrox: Much rebuilding work is required in Glasgow

New Rangers chairman Malcolm Murray is determined to play a leading role in the rebirth of the Glasgow outfit by putting his experience to good use.

Following the purchase of the business and assets of Rangers as a newco on Thursday by Charles Green's consortium, Murray was swiftly appointed to the Ibrox board.

The 57-year-old has previously worked with Manchester United - in the 1990s, prior to their dominance of the English game - and believes the lessons he learnt at Old Trafford will stand him in good stead as he attempts to help a fallen giant back to its feet.

"It's a fantastic honour. I can't be a player now and I can't be the manager so being chairman is probably the best thing I could do," Murray told Rangers TV.

"We need to bring financial stability, probity and transparency to this football club and bring our great name back to the reputation it had.

Integrity

"Since Valentine's Day, I've probably been awake every night over things here, as everyone in this great stadium has been.

"Hopefully I'll bring integrity and honesty to my position. I've been involved in taking big stakes in companies and helping the management in the past.

"Of particular relevance is the Manchester United stake. I was equal to Martin Edwards (in terms of his holding) at the time. I worked with him and David Gill for many years.

"It was an iconic, global brand and that's what Rangers is. With a different Sky deal we'd be just as big."

Much uncertainty remains over the newco club, though, with July's vote over whether to grant The Rangers FC a place in the Scottish Premier League next season the most significant.

Regulations require two weeks' notice to be given before holding a general meeting, where SPL clubs will decide on the issue.

Uncertainties

The Rangers crisis is likely to be discussed at Monday's SPL board meeting, however 2nd July is the earliest date that a general meeting can be convened for the newco vote.

Murray admits any planning will have to be put on hold before then.

"There are so many uncertainties that it's difficult to say what our business plan is. We don't know what league we're playing in and we have to take some sort of punishment," he said.

"But we have to make sure we don't spend more than we earn and it will be run as a debt-free, cash-generated business.

"Any company is only as good as its customers and the fans are important to a football club. We are crowd-driven, although I've no doubt TV revenue will go up in the future."