Rangers banter 62499


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30 Nov 2019 09:28:21
Does anyone have a view on the scale of the next share offer?

Assuming the current big players are not going to sell their shares, is there likely to be someone who will not just replace DK as chairman but also as majority shareholder?

I think DK owns 25% + of the shares so to become majority shareholder some one will have to have deep pockets and put bid money into the club.

Or, is DK likely to sell say £10m shares to recoup some of his investment?

Agree0 Disagree0

30 Nov 2019 10:29:12
Anything is possible, DK but if an individual or concert party end up with over 30% of shares the are legally bound to make an offer to all other existing shareholders.
U may be familiar with take over panel rules.
If king then wanted to cash out it gives him a way, without as some say bailing out. Ie recoups family money.

30 Nov 2019 10:32:43
To be honest DK I thought that king would sell his shares when I heard he was standing down. 👍.

30 Nov 2019 11:29:20
Coldo, my take is than DK will remain as a significant shareholder if not the biggest. If he sold out Completely it would not benefit the club financially so his proclamations of job done would feel a bit disengenious.

30 Nov 2019 12:18:53
I have heard that the investment is dependant on King stepping down, this is why I think he might sell. That's anything but concrete mind you, its only what I heard. Wolhardt rumour is gathering pace. King has done his bit to be fair. 👍.

30 Nov 2019 12:28:45
Pretty sure he said in the interview after the agm that he would still be the biggest shareholder but not involved with the day to day running of the club.

30 Nov 2019 12:46:34
Any investor/ s is going to want significant shares, wolhardt apparently has a strong influence in the board room. Maybe wolhardt is the middle man between the club and the investor/ s. Just my take on it👍.

30 Nov 2019 13:35:30
Can any of our unwanted guests maybe clear things up for us?

30 Nov 2019 14:50:10
Coldo i was told the exact same mate, that the investment that's allegedly coming to rangers, was dependent on dave king stepping aside and julian wolhardt is a very prominent player in this investment.
He could also replace king as the new rangers chairman. This guy is highly credible, with a terrific business head. Its most definitely looking good for the future.

30 Nov 2019 15:48:36
Coop I was told that wolhardt has a business partner called david liu I think it is, excuse the spelling. I don't know if that means anything to anyone, I do not have any reliable or in the know contacts and only passing on what I heard. That david guy is supposed to be a billionairre, again don't know if that's relevant. 👍.

30 Nov 2019 16:09:27
Coldo. Wolthardt worked for the Lu family owners of east Asia bank in his early days in Hong Kong, don’t know if that is a link or even same person.

30 Nov 2019 16:19:03
Couldn't tell you john, no idea who he is and have never heard of him. I was told his name but again no idea if there is anything in it or not. 👍.

30 Nov 2019 17:04:33
He owns east Asia bank and is a billionaire, if only.

30 Nov 2019 22:07:45
he stepped down july 1st.

30 Nov 2019 22:12:24
Haier or Huawei mentioned.



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