Rangers FD quits club

by Kevin Reed

More from this author

27 Jan 2014

  • Financial Director
  • Comments

THE FINANCE DIRECTOR of Rangers Football Club has quit the club.

Brian Stockbridge, a chartered accountant who has spent a torrid 18 months in the role, has left following the appointment of chief executive Graham Wallace - himself a former FD of Manchester City.

Stockbridge joined Rangers in June 2012 following the acquisition of the club's assets by Charles Green, following its insolvency.

In a short statement to the stock exchange, Rangers said that Stockbridge had received no ex-gratia benefit or bonus in connection with his departure. The club's directors thanked him for his contribution during a "difficult period".

During his time in the role he received criticism for taking a £200,000 bonus following the club's promotion from the third division. The club also made a £14.4m operating loss for the 13 months to June 2013.

Philip Nash, a former CFO at Liverpool, who spent seven years in finance roles with Arsenal, joined Rangers in January as a consultant. He takes on the FD role on a temporary basis.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication


Charterhouse Accountants

Finance Officer

Charterhouse Accountants, Beaconsfield, Permanent, Full Time, £ Competitive




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.