Dave King blasts Rangers chief executive Graham Wallace

[ian1964 10,415]

Dave King poised to jet into Scotland for ticket fund talks with Rangers supporter groups

 

DAVE King is set to jet in to Scotland in the next ten days to coordinate plans to withhold season ticket money from Rangers.

 

Former Gers director King last week called on fans to pool their cash in a trust this summer instead of giving it straight to the Ibrox club.

 

And the Union of Fans, a group made up of six supporters organisations responded quickly to the appeal from the wealthy South African businessman.

 

Now the Castlemilk-born multi-millionaire is poised to return home to help ensure the controversial scheme is set up legally by the coalition. The 58-year-old will fly to Glasgow in the next 10 days, possibly even sooner, to oversee the formation of the trust and a fund to help fans secure a stake in the club.

 

Meanwhile, the Union of Fans last night expressed concern at the failure of the club to supply the Rangers Supporters Trust and other fans with an updated register of club shareholders.

 

It read: "This is a legal entitlement of all shareholders. We would urge the company to act on their promises of transparency and engagement with supporters."

 

The Union of Fans also criticised the decision by Rangers to arrange a £1million loan with major shareholders Laxey Partners that will see the trust fund make a £150,000 profit. The coalition, which is made up of the Rangers Supporters Assembly, Association and Trust, the Blue Order, the Union Bears and the Sons of Struth, has also asked for clarification on what happened to Charles Green's shares.

 

The statement continued: "What has happened to the five millions shares Charles Green awarded himself at 1p each?

 

"It was widely publicised that Green had struck an agreement to sell those shares to the Easdales in December 2013. But no record of such a share trade exists.

 

"It is unclear if the shares have moved out of his control.

 

"Dave King is correct to express his fear that Charles Green and those he represents are possibly still controlling Rangers."

 

http://www.eveningtimes.co.uk/rangers/dave-king-poised-to-jet-into-scotland-for-ticket-fund-talks-with-154251n.23583186

[der Berliner 3,247]

King and these supporters want to club to prosper, you would assume. They want to withold ST money to get transparancy. So far, all fine and well. Yet, when they go on, they do not primarily seek assurances of how future income is used and demand that it solely gets used for the club! Nope, they look back and want to know about IPO money, Green shares, and whatnot. Asking these questions is 100% legitimate and we all want to know the answers to them. But ... what if they get these answers? What could e.g. Wallace and Co. do about it? (I assume the money is gone and spent on things that may or may not have something to do with the club. Irretrievably.) Will King and Co. ask them to chase this money before they get ST cash? And starve the club (and not exactly Wallace & Co.) to get their wishes? Wow.

 

If King comes over and speaks to these supporter chaps, they should get their act together and start speaking to the club directly and not via the media. A statement war simply can't be the way forward.

[bluebear54 0]

dB, it's a matter of making as many fans aware as possible of previous transgressions, and subliminally suggesting that this type of behaviour will continue.

Despite us all wanting a fair and transparent discussion, it's not going to happen. The gloves are off , and it'll get nastier.

It has to be via the media, because that reaches the broadest number of fans.

It's like a political fight.

I see as the "Loads of Dosh" party vs the "Heart and Soul of the Club" party.