Rangers have announced the appointment of Hong Kong-based businessman Barry Scott to the board of directors at Ibrox.
Scott, who is reportedly a lifelong fan of the club, was part of a group of investors who loaned Rangers £6.5 million last year.
It is not known if his place on the board was part of the deal last year or if it is a precursor to him loaning the Ibrox side further cash to help see out the season.
A brief statement on the club’s website said: “We are pleased to announce the appointment of Barry Scott as a director of Rangers International Football Club PLC.
“Barry is a successful businessman and lifelong supporter of the club.”
The news of Scott’s appointment comes days after Rangers embarrassed themselves over a statement they issued after Aberdeen manager Derek McInnes rejected a move to Ibrox.
Rangers admitted that interim manager Graeme Murty would almost certainly see out the year in charge of the club, despite this Rangers fans have criticised the board for their handling of the saga and the length it took to approach McInnes in the first place.
With eight board members now residing within Ibrox it looks like there will be more mouths to feed at the top table and with that a return on what they have loaned to the club – be it debt for equity or a return on their ’emotional investment’.
As for Scott’s part in proceedings it is yet to be seen what he will bring to the club other than further loans to prop up a club that cannot fend for itself without being propped up year in year out.