Zappa 0 Posted March 14, 2012 Share Posted March 14, 2012 Strong words for former investor by Darrell King, Wednesday 14 March 2012 SIR David Murray has hit back at Dave King, who last week said he would sue the former Rangers owner for £20 million for a failure to disclose financial information concerning the welfare of Rangers. South African-based King, who is originally from Glasgow, invested £20m in the Ibrox club 12 years ago and has been a director ever since. He issued a statement saying he would launch legal action against Sir David to recoup that sum but nothing has arrived from his lawyers so far. Mr King is embroiled in his own tax battle in South Africa which will bar him from being on the board in any new regime. He is, however, a major backer of Paul Murray's Blue Knights and could invest in any share issue should they take control later on. And Sir David revealed: "In 2000 I got a phone call from Alastair Johnston (former chairman) who said 'I've got a guy here who would like to invest in Rangers. His name's Dave King'. "I said fine, I'll meet him. I never met him. Several days later £20m arrived. There was no diligence, no checking, nothing. "Several months later I met Dave. Then all of a sudden the word SARS (South African Revenue) started appearing and there were inquiries. "Dave King received quarterly business information: audited accounts, reports, access to management. He has on several occasions looked like he was in a position to want to buy. "I had to rush to Glasgow one day. Two directors had to go to London once. And on other occasions he has postured to possibly buy the club and has stuck his head above the parapet. But never once has it come to anything. "He came here at the end of February and asked for a meeting with Mike McGill (Murray Group finance director) and I think he (King) made it quite clear he did not believe at all that we knew about Ticketus. "But he was through that wall there, my door was open, I asked Mike to ask him to come and see me but he (King) was down the stairs and out, wouldn't come into my office." 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted March 14, 2012 Share Posted March 14, 2012 We could really do with out this shit right now. I don't like King at all. I don't like DM for the record 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted March 14, 2012 Share Posted March 14, 2012 Accepting £20m from just anyone again. And he wonders why Whyte duped him so easily. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted March 14, 2012 Share Posted March 14, 2012 Accepting £20m from just anyone again. And he wonders why Whyte duped him so easily. If a total stranger comes up to me and pushes 20 million into my hand i don't think I will be asking many questions. 0 Quote Link to post Share on other sites More sharing options...
juffery 0 Posted March 14, 2012 Share Posted March 14, 2012 Accepting £20m from just anyone again. And he wonders why Whyte duped him so easily. I know. I thought he was some hard-nosed, business expert. It's quite staggering that he's so frank about his apparent incompetence. 0 Quote Link to post Share on other sites More sharing options...
A Horse With No Name 0 Posted March 14, 2012 Share Posted March 14, 2012 Accepting £20m from just anyone again. And he wonders why Whyte duped him so easily. Exactly. Reading today in the papers the way he tried to negate his poor decision making by claiming EVERYONE was duped by Whyte was (for me anyway) sickening! In his own words HE WAS THE CUSTODIAN of Rangers and the responsibility was his alone! If he wanted to come out and say LLOYDS TSB MADE ME DO IT! we could maybe afford him a little leeway but to sit there saying he was just one of many who were fooled is garbage and insulting! He was in Charge of Rangers and I'm sure there's PLENTY of phrases from Bill Struth that would rip his excuses to pieces! I'm glad he had his lapdogs through there to make public his feelings but as expected he just wouldn't take the fall for HIS actions, as expected his ego just wouldn't contemplate the weight of his guilt! Glad he went to the papers but glad we won't be seeing him again at Ibrox! No wonder Dave King wouldn't go into his room - smug c**t sits telling people to come through to him! Sorry, but this has to be said DAVID MURRAY IS ONE ARROGANT BASTARD! 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted March 14, 2012 Share Posted March 14, 2012 I'm wondering why he decided to finally make a statement and why now? Seems coincidental. 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted March 14, 2012 Share Posted March 14, 2012 Have the bank still got control over him? 0 Quote Link to post Share on other sites More sharing options...
A Horse With No Name 0 Posted March 15, 2012 Share Posted March 15, 2012 We could really do with out this shit right now. I don't like King at all. I don't like DM for the record I like him because he obviously hates D Murray - pretty good judgement he's got. Hope he manages to sort his problems back in South Africa and gets onboard with the BK's! 0 Quote Link to post Share on other sites More sharing options...
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