Aberdeen’s former chief Keith Wyness has urged the Rangers shareholders to band together and sell the club or face a “spiral of decline”.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Aberdeen between 2000 and 2004, had lengthy spells as the chief of Everton and Aston Villa and now runs a football consultancy advising elite clubs – insisted “band-aid” solutions of “tens of millions here and there” won’t stop the rot at Ibrox.
Rangers are currently without a permanent chairman, CEO or head of football operations after a series of high-profile exits in recent months.
On the pitch, Philippe Clement’s side failed to qualify for the Champions League in August and are already five points behind joint league leaders Aberdeen and Celtic.
Wyness exclusively revealed to Football Insider last month (22 September) that a “Far East investor” is currently weighing up a potential Rangers takeover bid.
Dave King, Douglas Park, George Alexander Taylor, Stuart Gibson and John Bennett are among the major shareholders at Ibrox.
Rangers shareholders must band together and sell up now, says Wyness
Wyness claimed new investment is the only way forward for the Gers, telling Football Insider‘s Insider Track podcast: “It’s got to be resolved at boardroom level.
“There has to be investment sorted out, money has got to be found.
“A longer-term strategic rebuild has got to be put in place, and they have to stick with it.
“It’s the only way forward. Going from disaster to disaster in a spiral of decline can happen so quickly in football.
“They need a new owner. Putting a band-aid of tens of millions here and there won’t help – they’ve got to sell the club to an investor with deep pockets.
“They need someone to finance the club long-term. It’s not easy to find, but they’ve got to try.”
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