Dave King agreed to sell his shares to the Club 1872 group. The South Africa-based businessman has a 20.37 per cent stake through his New Oasis Asset Limited, making him the biggest shareholder.That will not go through until the group can buy out King but there has been a shake-up on the board in January.
Documents filed at Companies House on Tuesday show that Letham has been appointed to the Rangers board. The businessman was part of the Three Bears group along with Douglas Park and George Taylor who invested in the club when King took over in 2015.
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