Rangers Rumours Archive October 10 2013

 

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10 Oct 2013 08:11:37
RETURN OF THE KING!!!

Dave King back to Gers this week. How long until he buys the whole lot?. Top man and a Rangers man. WATP

Believable70 Unbelievable102

10 Oct 2013 09:55:44
lets hope and pray m8, we still have sum fans? who don't want him, unbelievable eh?

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Stewart regan has already stated does not pass the fit snd proper person criteria and would not be allowed onto the board so what will happen with the sfa

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Yea totally unbelievable that some supporters won't welcome dave king with open arms from what I can see he's the only man in decades who has put his own money into rangers and lost more than most if not all. If he comes back and ploughs more money in it should be as the outright owner of the club at this moment we need a strong Rangers man in full control.

Gers1986

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10 Oct 2013 11:26:52
Stewart regan has said nothing of the sort. He can't make any statement of that kind on something which at this stage is only something that might happen. When it is concrete the SFA can have an investigation into Dave King as a fit and proper person. If regan has made a judgement without looking at the facts then Rangers would rightly have him over a barrel.

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Hopefully if he does come back he grabs the bull by the horns and makes changes to salaries and brings them in line with reality.

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Would be the best news ever if dave king returned to rangers, a true blue, and I would hope he would rid the club of all the freeloaders at the club. At this point in time we have directors earning more than neurologists, the directorate at Langley and NASA. waste of money. a manager on a ludicrous salary for running a team in the lower leagues of the worst football association in Europe. Auchinlech Talbot would walk these leagues at about 1% of the expenditure at the moment.
A manager taking that salary knowing the financial state of the club who needs him. Remember we were 11 points clear in November in the season of administration, yet still he blew it and he's still in a job
He did walk away years ago to pursue a career in television so who's kidding who?
Rangers fans around the world were donating to keep the club afloat yet still he commanded the same salary. Some people have no shame. £50,000 for Walter for two months work. come on bears let's open our eyes.
Robbie

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So Mathers and Stockbridge fly over, speak with King and now he is coming on board? really? yet another move by the directors to stop all the flack coming their way at present.
King wants to see the books, that will take for ever to happen going by past boards history. In the meantime all rosy in garden again as Ally comes out stating such nonsense as per usual, like i'd love King on the board he is a Rangers man through and through. This is such a sham it is becoming boring. Directors paint rosy picture, Allly helps sell the picture. picture never gets finished?
King will wait, as he has always does throughout this whole nasty fiasco, involving Green etc. He will hold his own council as per usual then when the moment is right "for him" he will arrive, with others. Not Mathers etc I suspect.

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Here is a link to the article where Regan said King would not be allowed on the board. That should put all these bs rumours to bed.

During a breakfast briefing with daily newspaper correspondents, it also emerged that Rangers director Dave King will not be permitted by the SFA to be an official at the Ibrox club post-administration as he was still serving on the board when they entered their current insolvency event under Whyte.

www.goo.gl/maEE22

So have you anything to add to that poster 5) or are you still saying Regan has aid no such thing?

SmugBhoy

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Well smugbhoy, in the first place Dave King was previously a non executive director who was not involved in decision making and could in no way be held accountable for the previous administration event. It would be very difficult for the sfa to debar him on those grounds. If you are saying Regan has made his mind up before an investigation is held then he could find himself in court. Do I sense fear? Is what you are posting simply what you want to be true? What was the actual quote from this so called breakfast briefing?

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Non executive directors have the specific responsibility of monitoring the behavour of the board, challenging it and reporting it to auditors, governing bodies etc. King did none of those for either SDM or CW. Remember the Lord Nimmo damning report that resulted in the SFA punishment - that was all about the directors failing in their duties (that's executives AND non-executives) - King and Paul Murray are both tainted by that.

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Robbie, how can you say ally blew the 11 point gap when celtic had 2 games in hand? and the fact that he was managing a team of players who never knew if they would still be in a job the following week? he also along with the backroom staff worked the rest of the season for free along with the true players that stood by us such as big jig and even people like edu who stayed and at least got a fee?

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On the 10th of march 2012 the herald printed that going by the sfa rules dave king would not be allowed to sit on any new rangers board because he was COMPLICIT in the club going into administration

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Big Gee, no one worked for free, they all took a temporary deferment in salary - that is totally different to a pay cut which is permanent.

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Roll out the red carpet. All hail to the king

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A hope it true and would that mean Jim McColl will put money into.?

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I am a bluenose to the core and will welcome dave king to ibrox with wide open arms my reason is simple il support whoever crosses that white line on a match day wherever they play and against whoever they play just like mr king! For those doubters just remember losing £20million and coming back to reinvest takes guts and heart in somthing you beleive in wholeheartedly just like everyone who buys a ticket on a Saturday "everywhere anywhere we will follow on". For those of the other persuasion word of caution a wounded animal when backed into a corner is never more dangerous you won't have it your own way much longer keep an eye on the horizon

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Hi whatever daft said about Stewart Regan saying Dave King not meeting fit and proper person test. You are talking nonsense, Dave King was a "non executive director" if you knew what this means you would no it means he had no control over the finances of the oldco board. I will remind you as well Dave King has also had all fraud charges dropped against in in South Africa, the SFA are not judge and Jury.

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If some of the posts on here are anything to go by the prospect of Dave King returning has some celtic fans very worried. Why? The only conclusion a reasonable person could come to is that they are scared stiff of the competition a strong rangers could offer. For all their bluster about joining the English set up to get greater competition deep down they are happy to win the SPFL title every year in walkovers. This shows them up as the cowards they are.

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Dave King was on the board of directors, read the SFA's rules about him being banned. ffs it all smoke and mirrors. I guarantee that King will not be back at Ibrox. We can't just ignore the rules of the game, and I would think Regan knows more than the half-wits on here.

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We need to remenber Liewell is on the sfa board now so the rules might be changed as they go along

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10 Oct 2013 19:52:43
Dave king came to agreement with the inland revenue and paid tax. That cleared him. The SFA Cannot use the fit and proper person part in this case.

Get a life and you will see DK back soon

I cannot believe that people who do not want Dave King back are true rangers supporters

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Do u mean that celtic have had no influence all along. Lowell's been on more trips with Regan than I've been on with the missus. The interesting part starts here. We are talking about a heavy hitter who will not be bullied and is quite clearly encouraged enough to now make a move. Personally, I hope that he buys the whole show and we can all breath out at last. Watp

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£100 says the sfa (or whatever they're called) find a way to block this. The top brass have been against us since day 1. On the other side of the coin, Dave King is a powerful individual and I can't see the usual suspects just having it quite all they're own way with him. Let's hope that his power begins to sway things in our direction for a change. In with a shout

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A non-exec director is still a director.

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Still people on here bringing up mccoists wages. When you apply for a job and are told the salary. U accept or decline. No person ever says a don't want as much as that. U assume they can afford what they are offering

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Just read on the stv website that it looks as though Dave King could be prevented from becoming chairman etc due to the fit and proper persons guidelines. The only thing is that it states Dave K admitted guilt in his tax case. This is nonsense! All charges were dropped as part of the settlement. Who writes this garbage. Even I knew this was wrong instantly. Investigative journalism or part of the conspiracy? Wooooooooo

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WHEN Dave king returns and I'd imagine that to be when the spiv regime are marched out the back door, rangers will get much needed stability and investment. I love the eastend reaction. They get caught on the big blue rod with anything rangers every time. It's laughable. Shtin it big time because they know it won't be long till we're adding to that big juicy overflowing trophy cabinet. RUGGY BEAR

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Hello, mr King may have a hard job controlling the club as he would need to amass a phenomenal number of shares and to do that he would require a blueprint (I would think) showing a workable business plan, IE revenues in excess of costs thus creating a projected year on year project so he (and his advisors) can make sense of a tied/return on his investment unless of course it is a TOY/TROPHY in which case the loss making will be irrelevant as he guns for a clean sweep of all domestic trophies as Rangers are led back to the pinnacle of Scottish football. very deep pockets and a big ego is exactly what we need

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I think you will find that mr king paid £50m equivalent in unpaid taxes to the south africa authorities in one go in exchange for the case being abandoned not that "doing a deal" is a bad thing. hopefully he puts another £50m our way!

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King in and spivs out. how would that work exactly. it was the spivs that flew out to joburg last week to ask him to get involved. this is all pretty weird and isn't particularly easy to follow. it is a rogues gallery so long as the current board are calling the shots. who could have envisaged this current board. overpaid p*** takers

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Is it not companies rules or stock exchange rules or whatever, rather than sfa rules that would prevent King taking up a position on the Rangers board?

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Just a thought here but surely a club that was devestated as a consequence of tax evasion, should avoid being run by a self confessed tax evader

Grout

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To the poster who says all charges were dropped - King admitted liability to 41 counts of contravening the tax act. Let's be careful what we wish for.

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The real question is why does Regan actually care? He is in the SFA not Rangers and if he actually said "fit and proper" 90% of the people involved in Rangers would not be at the club

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Regan isn't part of the process to see who is fit and proper so I don't see why he would comment also it would be foolish of anybody at the sfa to comment when nobody has contacted them about king coming back to rangers Campbell ogilvie has stated the sfa cannot comment on any said individual until they are asked to do the fit and proper test

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The charges against King in SA were NOT dropped - after years of wrangling he was finally convicted of 41 counts of tax FRAUD. His evidence was slated by the trial judge who called him "a glib liar". He faced the possibility of 82 years in jail but instead did a deal to pay some of the money back (£44m) and so avoided prison. He did not "settle his differences with the SA tax authorities" as some MSM churnalists have said - he is a convicted criminal and that alone should prevent him having any sort of involvement in any football club.

TomTheTim {The Ed039's Note - You really need to get yourself correct, SARS agreed not pursue any further charges in return for a plead on 41 counts, which are minor offences, and a sum agreed to pay back, in return the charges were dropped, and the term he faced in jail was 24 months, I dont know where folks are getting 82 years from. This is called doing a deal with the prosecutor, it is quite often that these deals are dong when a trial would take take considerable time and expense with no guarantee of victory)

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Ed 039 - Thank you for your reply but I believe your analysis of the situation is wrong. King pleaded guilty to 41 charges of tax fraud going back to (by his own admission) at least 2002. He faced the possible sentence of £200k fine and 24 months in jail for EACH of the 41 convictions (totalling £8m and 82 years in prison). By paying back (some of) the back taxes of £44m, he avoided a prison sentence. It does not alter the fact he is a convicted criminal and, in the words of a SA judge, a glib and easy liar. He should fail the 'fit and proper person' test. It remains to be seen whether the SFA have the guts to enforce their own rules.

TomTheTim

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King will wait till rangers go into administration again then he will come along and buy us lock stock and barrel why should he invest with all the monkees we have at the minute
wait and see how much cash mathers etc and the bus brothers put in when the times get hard these lot will run leaving king to get us on the cheap and then we can start to build for the future

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The 82 years comes from the official court papers, there is no mention of any deal, have a read and weep

www.info.gov.za/speech/DynamicAction?pageid=461&sid=39257&tid=119230

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10 Oct 2013 08:02:49
The Company today announces that Ian Hart, Non-Executive Director, has resigned from the board in order to pursue the charitable work in which he is involved more actively.

Craig Mather, Chief Executive Officer, commented: "it is with sadness that we see Ian depart from the board and we would like to thank him for his valuable contribution over the past year. Ian remains a huge fan of the Club and we wish him the best of success in future.

Believable16 Unbelievable13

Rats and sinking ship comes to mind?

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10 Oct 2013 19:25:50
comes to my mind as well, or he has had enough of all the shenanigans going on. one or tither

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Weeks to go, he's getting out b4 it heads down the swanny.
All the blame will go to SFA for not allowing King back. Nothing to do with the newco living beyond its means.
Do Ally and Walter run their household finances the way they run club finances?

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I wonder how mr mather will re act when these kind words are repeated to him shortly

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A newspaper reports a (nameless)director was being two faced to ally mccoist, next day a director leaves (Ian Harte).
Coincidence??

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