You can unsubscribe at any time.Thank you for subscribingWe have more newslettersShow meSee ourprivacy noticeMIKE ASHLEY has turned his guns on the new Rangers regime by requisitioning a general meeting and asking for his 5m loan to be repaid in full.Record can reveal the s Direct tycoon made the highly aggressive move one week AFTER the Ibrox club’s interim chairman Paul Murray and director John Gilligan travelled south to open ‘peace talks’ at his Shirebrook HQ in Derbyshire but five days BEFORE cops raided the premises as part of a probe into the commercial activities of former owners Craig Whyte and Charles Green.In the letter, which is dated April 29, Ashley demands to know the ‘precise details’ surrounding the recent delisting of the club from the AIM Stock Exchange, a move which was triggered when Dave King teamed up with other high profile shareholders to successfully remove Derek Llambias and Derek Leach from the boardroom.(Image: Action Images)He also proposes resolutions Cheap Jerseys china which if voted through, would force the new https://www.cheapnfl.cc regime to hand back a 5 million crisis loan which was agreed between Ashley, Llambias and Leach in January.In exchange for the cash Ashley will hand back security over all the Rangers crests and badges, the club’s Murray Park training ground and Albion Street car park and the Edmiston House facility.Record can also reveal that Ashley had a negative security clause written into the deal struck with the previous board, which means Rangers cannot use security of Ibrox stadium in order to raise funds with any third parties.The letter was sent two weeks ago, but Ashley has been complaining that he is still awaiting a response.Ashley’s attempt to force a general meeting is the latest twist in wrangling between Rangers and the controversial Newcastle United owner, who holds a 8.92 per cent stake in the Ibrox club.The first meeting between the new regime and Ashley’s camp took place on April 22. The talks saw Murray and Gilligan travel to s Direct’s base seeking a renegotiation of the terms of the club’s commercial contracts. Those initial discussions were described as ‘amicable’ even though Murray and Gilligan left without reaching an agreement on a fairer deal.Ashley tightened his grip on the club’s retail division after agreeing his latest loan deal with the previous board in a deal which saw him up his stake to a whopping 75 per cent.

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