01/01/2000


Douglas Rae

Full Name: Duncan Douglas F. Rae
Age: 78 (10.10.1932)
Positon At Morton: Chairman
Born: Greenock, Scotland
Nationality: Scottish
Bought Club: 07.08.2001 - for an initial fee believed to be between £300,000 and £450,000.
Morton Honours Under Chairman: 3rd Division Winners - 2002/03, 2nd Division Winners - 2006/07
Managers Employed: Peter Cormack (sacked), Dave McPherson (sacked), Derek Collins / David Hopkin (caretakers), John McCormack (sacked), Joe McLaughlin (caretaker), Jim McInally (resigned), Martin Clark (caretaker), Davie Irons (sacked), James Grady / Allan McManus (co-caretakers), James Grady
Miscellaneous: Rae bought the club in August 2001. He emerged as a last minute saviour with administrators just hours from putting Morton into liquidation.

Rae was a director of the club for many years before taking over as chairman but stepped down while Hugh Scott was chairman.

Douglas owns Golden Casket - a confectionery company based at Fort Matilda, Greenock. In 2008 the Daily Record reported that the company made a profit of £1.6 million in the previous year.


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