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12 March 2015, 07:07
The new Rangers board have continued to reshape the club by apparently turning their attentions to Stuart McCall.
McCall looks set to be confirmed as Rangers manager on a short-term contract until the end of the season.
The former Ibrox midfielder will be tasked with rejuvenating Rangers' promotion bid with the team currently sitting third in the Scottish Championship.
The Scotland assistant coach resigned as Motherwell manager in November after collecting just seven points from the first 12 games of the Scottish Premiership season and suffering cup defeats to Hamilton and Icelandic side Stjarnan.
But McCall previously led the Lanarkshire club to their best run of post-war league results, finishing third and second, twice, in his three full seasons in charge, having earlier led them to the Scottish Cup final in 2011.
The former Scotland midfielder won six league titles in seven seasons with Rangers after joining the club early in the nine-in-a-row run, making a total of 264 appearances.
An appointment would relieve Kenny McDowall of his caretaker manager duties following a poor run of results under the reluctant leader.
McDowall, who has openly admitted he would rather not be in charge, has only secured three wins in 10 games since taking over when Ally McCoist was put on gardening leave in December.
McCoist and McDowall have both handed in their resignations and have been serving their 12-month notice periods.
The positivity surrounding the Dave King-led revolution in the boardroom, which was extremely popular with fans, has not been transmitted on to the pitch with the club drawing with both Cowdenbeath and Queen of the South since the shareholder vote.
Despite being seven points ahead of fifth-placed Falkirk with a game in hand, McDowall warned after Tuesday's 1-1 home draw with Queens that Rangers were in danger of falling out of the Scottish Championship top four and missing out on a play-off place.
More boardroom changes took place on Wednesday when shareholder Sandy Easdale agreed to leave his position as chairman of the football board, 24 hours after being suspended "pending an investigation''.
A club statement read: "The Rangers Football Club Limited confirms that matters have been resolved with Sandy Easdale on an amicable basis.
"Mr Easdale has agreed to resign from his directorships with the group with immediate effect and he does so wishing the club, its supporters and the new board every success for the future.
"The club thanks Mr Easdale for his co-operation in this changeover and confirms the investigation previously referred to will not now proceed.
"The club is also happy to confirm that Mr Easdale did not receive any remuneration in respect of the directorships he held with the club.''