Rangers non-executive chairman David Somers has been appointed executive chairman of the club on a temporary basis, the Glasgow side have announced to the Stock Exchange. Somers will oversee the recruitment of a new chief executive and finance director following the departures of Graham Wallace and Philip Nash. A statement said: 'David Somers, non-executive chairman, will become executive chairman of Rangers on a temporary basis with immediate effect. David Somers has been appointed executive chairman of the Ibrox club on a temporary basis 'In this role, he will liaise directly with senior staff within the club about the operation of the business, and he will oversee the recruitment of a new chief executive and finance director.
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Newcastle owner Mike Ashley bailed the club out with £2million loan
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David Somers will oversee the recruitment of a new chief executive and finance director after Graham Wallace and Philip Nash departed
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Derek Llambias has been hired as a consultant by the Ibrox club
Former @placeholder Director Derek Llambias (left) at Ibrox on Tuesday after becoming a Rangers consultant