Rangers boardroom politics were a fictitious force causing a constant flux with change after change of various directorial positions, rival factions attempting to take control of the company and the emergence of Mike Ashley as the major stakeholder and power broker in late 2014. That summer saw continued discontent with various fans groups, alongside Dave King, attempting to influence the board by withdrawing season ticket money. This resulted in a drop of around 15,000 season tickets from the previous season, leaving the club requiring a financial injection which the board hoped would come from a and announced this in June. However, the initial intention of raising up to £10m through an investment plan by the end of August failed when city investors did not purchase enough shares, therefore, the club relaunched a £4m issue open to all existing shareholders only.

Rangers fan discontent was demonstrated with a during a Championship game against Queen of the South at Ibrox, with fans holding up red cards in the 18th and 72nd minutes and this was not improved when on 3 September, it was revealed, that Mike Ashley bought the naming rights to Ibrox Stadium for just £1 in a deal with Charles Green in 2012. Concurrently, Rangers former commercial director Imran Ahmad finally succeeded in a bid to have £620,000 of club assets frozen prior to pursuing litigation over an alleged unpaid £500,000 bonus. A few days later the club were granted leave to appeal this decision yet, on 12 September, the club agreed a settlement with Ahmad much to the dismayed of fans. As some Rangers supporters groups considered boycotting home matches in protest at the board, it was revealed that Ashley would not be participating in the share offer. Ashley's motivates for not investing became clear in the following month, namely withholding much needed money from the club in order to undermine the board. At the end of the share issue, on 12 September, it was announced that it had raised just over £3m which still £1m short of its minimum target. As the share issue was undertaken in order to allow Rangers to continue to operate into the new year but the failure to reach the targets meant that further funding was required. A few days later, it came to light that Sandy Easdale had met with several investors that had been introduced to him by Rafat Rizvi, a convicted fraudster wanted by Interpol, which led to calls by the Union of Fans for Easdale to resign. However, in a move to demonstrate his strength, Easdale increased his personal shareholding at Rangers to 5.21% on 24 September. On the same day as the club repaid the £1.5m loan to Sandy Easdale and George Letham. The next day, BNP Paribas bought a 5% stake in Rangers making it the fifth-highest shareholder but less than twenty-fours later it was revealed that the transaction was completed on Ashley's behalf thus increasing his stake to 8.92%. Less than a week later, Ashley's holding company, MASH Holdings, called for an EGM to remove chief executive Wallace. This signaled the start of a crucial stage in the boardroom power struggle at Rangers with King appearing to be outflanked by Ashley, who had secured the support of Sandy Easdale, David Sommers as well as the largest shareholder in Rangers, Laxey Partners.

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