Rangers closing in on new CEO appointment as significant progress made | OneFootball

Rangers have made significant progress in their search for a permanent new chief executive to replace James Bisgrove, according to the Daily Mail.

They have been without a CEO since Bisgrove left for Saudi Pro League club Al-Qadsiah in May, but it appears their five-month search is finally coming to an end.

Rangers will be having their Annual General Meeting (AGM) later this year, and they will be desperate to have their new CEO in place before then.

Their shareholders are expecting 21 days’ notice of the AGM from the club, and a successor to Bisgrove could be in place before the notice is sent out.

St Mirren vice-chairman Jim Gillespie had appeared set to be named new Rangers CEO, but the move fell through, and no name has emerged since then.

Chairman John Bennett initially filled the role but had to step down on health grounds, with John Gilligan taking up his position in an interim capacity.

Rangers have started the season badly in the Scottish Premiership, with nine points separating them from joint leaders Celtic and Aberdeen after ten games.

The next CEO will be desperate to turn their fortunes around, and making a decision over the immediate future of manager Philippe Clement will be one of the first points of action.

Rangers cannot afford to miss out on Champions League football next term after suffering a £17.2 million loss, according to their latest annual accounts.

They need to get the appointment of their next CEO right, and fans will be eagerly waiting to see who they bring in.