Media House confirms an end to Rangers FC PR contract after seven years
PR agency Media House has confirmed its contract with Rangers Football Club has ended.
The agency has provided services at Ibrox since 2006, most recently during a share issue.
A spokesman for Media House said: “Our six-month contract to assist Rangers with their IPO has ended.”
Writing on his blog, journalist Phil Mac Giolla Bháin reported that replacing Media House will be Keith Bishop Associates, reportedly on a five-year contract worth £130,000 per annum.
The news comes amid reports of financial problems at the club after finance director Brian Stockbridge admitted only £10m remains in the bank after the IPO reportedly raised £22m and £13m was taken in season ticket sales.
Before Rangers went into liquidation in the summer of last year, it was revealed the club owed more than £100,000 to media, marketing and communications companies, including Media House.
Following liquidation, a consortium led by Charles Green bought the assets and formed another club, which has become a point of controversy in Scottish football. During that period, former Daily Record sportswriter James Traynor left his position at the paper to become the club’s director of communications.
Rangers fans have backed the club, however, with healthy season ticket sales over the last two seasons.
Meanwhile, an anonymous Twitter account, Charlotte Fakes, has been releasing streams of what it claims are private emails from Media House founder Jack Irvine to those involved in crisis-hit Rangers for several months. Police are investigating the leaks.
The Drum is awaiting a response from both Rangers and Keith Bishop Associates.
Last week, it emerged that an independent reviewer for the Advertising Standards Authority had chosen to reopen its investigation that originally ruled in favour of upholding a campaign by the club claiming it to be ‘Scotland’s most successful club’