article_snippet: Interim chairman Paul Murray described that as a sign of the 'staggering mismanagement' that had gone on at Ibrox.
article_snippet: I think it's right for the board to pursue this.
article_snippet: The controversial deal was struck by the club's previous board led by chief executive Llambias – a cohort of Newcastle owner Mike Ashley.
article_snippet: Sportsmail understands however that the club's previous board led by chief executive Llambias – are now set to approach the Scottish FA and their English counterpart as their seek advice on whether there are grounds for quashing the £500,000 payment clause.
article_snippet: Interim chairman Murray railed against the previous regime after announcing the near £3m loss for the six months to December last year.
article_snippet: Murray, who along with Dave King and John Gilligan ousted the previous board led by Llambias said: 'The new directors have been in place only a matter of weeks but have already started to repair the damage caused through recent years of neglect and disrespect for this club, this club people and this club history. '
article_snippet: The mismanagement of this club in recent years has been simply staggering. '
article_snippet: As the Interim Accounts prove, the new board has inherited major problems but while campaigning for change we all knew this club would be in need of major restructuring and repair on all fronts. '