Two questions.........

[Anchorman 0]

Oh don't worry, I don't trust Wallace as far as I can throw him and expect him to be dodgy but his previous employment at Man City puts him streets ahead of the dodgers we normally attract

 

I do believe he will prove you wrong. ( I hope )

[Ser Barristan Selmy 222]

I'm 26 and we haven't had a competent CEO in my lifetime that I can recall nor a good board in general so I only hope you are right.

[Anchorman 0]

I'm the same as you. 'Trust in Allah - but tie up your camel just in case' and all that. But at some point in life you have to trust some people more than others. And before anyone asks:

 

D Holmes - Absolutely ( I wish we had him now)

D Murray - yes I did

C Whyte - no - not once

C Green - once or twice fell for some flannel

G Wallace - gives me the same feeling that D Holmes did.

 

His record with Man City is something he will not want tarnished. He is trustworthy in my book, but I'm not sure if he even knows whether he was used as a pawn to lure investors past the point of the AGM or whether he has a future with us. I hope he has.

 

The big glass I had when I posted that has worn off a bit. Wallace doesn't give me the same feeling that I got from David Holmes but at this moment I do trust him for some reason.

 

David Holmes stands on his own for me for class. A lot of people think Murray brought Souness, but who can forget David Holmes - "Ladies and gentleman - I give you - Graeme Souness'. He acted like a custodian of our Club, not an owner, and I wish his tenure could be respected a bit more. A Falkirk fan who fell in love with our Club.

[RANGERRAB 3,258]

It would be a grossly incompetent CEO who didn't follow that specific course of action (allied to other cost cutting measures i.e boardroom remuneration) no matter how we would like to think otherwise.

 

I repeat, If the first team squad is weakened by the end of next month,then Wallace is finished before he's even started in my opinion.Go back to the early 1980's, we wont pay to watch a sub-standard Rangers side

[the gunslinger 3,366]

rangers fans will simply not stand for being short changed on the park. murray went 2 years without a title as owner and the fans were howling at the moon.

[RANGERRAB 3,258]

i am with you all the way mate. unfortunately i believe the spivs will refuse to let king near for fear they will make less from the club.

 

Unless this current board have genuine financial backing for the next 18 months or so(and they've given us no indication they have) then I believe its inevitable they'll have to go to Dave King.Weakening the first team squad would be suicide as we enter the last 18 months before our return to the top division. The first team squad needs strengthened not weakened.

[the gunslinger 3,366]

We need 8 top class players. By that I mean players who will be looking to earn 15k a week and are internationals.

[Ser Barristan Selmy 222]

We need 8 top class players. By that I mean players who will be looking to earn 15k a week and are internationals.

Had we been building a young team for the past couple of years such a thing might not be necessary.

 

I'm under no illusions that playing any old young players regularly makes them world beaters, but a club of our stature playing in the fourth tier could easily have been building a quality young team with a view to being SPFL challengers in a few years. Mixed in with some more experienced players. Playing football correctly. A Philosophy if you will. Something we have basically just never had in decades.

[forlanssister 3,050]

I repeat, If the first team squad is weakened by the end of next month,then Wallace is finished before he's even started in my opinion

 

Act like Violet Elizabeth Bott if you like but only the deluded can think that the present squad doesn't need trimmed at the very least in these extremely straightened times

 

Go back to the early 1980's, we wont pay to watch a sub-standard Rangers side

 

Pray tell just wtf have we been watching for the last year and a half?

[BrahimHemdani 1]

I think you will find that is not the case. . ......................................he can't stop King investing, director or not.

 

You are 100% correct in your second assertion, the SFA cannnot stop King investing in Rangers if he chooses to do so without becoming a director.

 

However, I beg leave to differ and I know we will not agree on the first point (and that many others agree with you) which was well argued here http://www.gersnetonline.co.uk/vb/showthread.php?59652-Dave-King-A-Criminal.

 

These are the facts upon which I base my opinion.

 

SFA Articles of Association

 

http://www.scottishfa.co.uk/resources/documents/SFAPublications/ScottishFAPublications2012-13/SFA_HANDBOOK_53-136_Articles_of_Association.pdf

 

10.2 Official Return

 

The Board must be satisfied that any such person (official, office-bearer, secretary, director or member of the board of management or committee of such member and of its or his associates as defined in Article 13.5 in any other member.)

 

is fit and proper to hold such position within Association Football. The Board hereby reserves its discretion as to whether or not such a person is fit and proper, as aforesaid, after due consideration of all relevant facts which the Board has in its possession and knowledge, including the undernoted list which is acknowledged to be illustrative and not exhaustive:

 

(h) he has been convicted within the last 10 years of (i) an offence liable to imprisonment of two years or over, (ii) corruption or (iii) fraud;

 

(j) he has been a director of a club in membership of any National Association within the 5-year period preceding such club having undergone an insolvency event;

 

The State versus David Cunningham King (Case No: CC 257/2005)

 

Statement issued by Bulelwa Makeke, Executive Manager: Communications, National Prosecuting Authority, August 29 2013

 

Our sentence agreement with Dave King - NPA

Authority says businessman entered a plea of guilty on 41 counts of contravening Section 75 of the Income Tax Act

 

http://www.politicsweb.co.za/politic...tail&pid=71616

 

Mr David Cunningham King, the accused in the case of The State versus DC King (Case no.: CC257/2005 - otherwise referred to as the King 1 case), today entered a plea of guilty in the South Gauteng High Court held at Palm Ridge, on 41 counts of various contraventions of section 75 of the Income Tax Act 58 of 1962, as per the indictment.

 

The said plea is in accordance with a plea and sentence agreement in terms of section 105A(1) of the Criminal Procedure Act 51 of 1977, entered into between the accused and the National Prosecuting Authority. The High Court was satisfied that the aforesaid agreement complied with the requirements of the provisions of section 105A(1) of the Criminal Procedure Act, that the accused admitted the allegations in the above-mentioned counts and that he was guilty of the offences.

 

The Court was moreover satisfied that the sentence agreement was just, whereupon the Court proceeded to convict the accused of the offences and sentenced the accused in accordance with the sentence agreement.

 

In terms of the agreement, the accused was sentenced to a fine of R80 000.00 or 24 months' imprisonment on each of the 41 counts, being the maximum sentence provided for in the Income Tax Act read with the Adjustment of Fines Act 101 of 1991. The effective sentence, as confirmed in the agreement, is a fine of R3 280 000.00 or 984 months (82 years) imprisonment.

 

The accused has, moreover, agreed to pay to the Criminal Assets Recovery Account ("CARA") the amount of R8.75 million as contemplated in section 64(e) of Act 121 of 1998. This payment will be effected within 30 days of the plea agreement having been finalised today.

 

 

Therefore it seems clear to me that Mr King would fall foul of 10.2 (h) because he has been convicted on not one but 41 counts of an offence liable to imprisonment of two years or over; and in any event he falls foul of 10.2 (h) because he was a director of Rangers when it went into administration in February 2012.