A Manx-based company which has bought just under five per cent of troubled Scottish football club Rangers says it won’t be involved in the club’s day-to-day management.
Laxey Partners Limited bought two million shares in Rangers International Football Club plc on Monday in a deal worth around £840,000.
It bought some shares in newco Rangers last October – this week’s purchase sees its stake in the Ibrox side rise to 4.99 per cent.
Procedures at Noble's Hospital cancelled due to 'significant pressures'
Manx Care experiencing 'very high demand'
Medical Society calls for 'statutory elected body' as chief exec exits Manx Care
IOMMS says it's 'essential that the momentum for fundamental reform is maintained'
Cope out: How did we get here?
Manx Care's five-year history broken down
Teresa Cope: Reaction as Manx Care CEO steps down
What comes next for the Island's healthcare provider?