Paraag Marathe and Gene Schneur have both stood down from their roles as Rangers vice-chair, citing multi-club ownership rules as the primary reason. The Rangers Football Club announced the change, emphasizing compliance with governance regulations.

While the source does not specify the exact nature of the rules, it implies that owning stakes in multiple clubs creates conflicts, necessitating the directors' resignations. This move marks a significant shift in the club's leadership structure, raising questions about future governance and potential restructuring.