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King Statement 4th March


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19:31, 4 March 2015 By Record Sport Online

 

THE club owner-in-waiting has tonight released a conciliatory statement that accepts he must be scrutinised by financial and football rulers.

 

DAVE KING has tonight revealed Paul Murray will be named on Friday as Rangers chairman while the Stock Market and SFA bosses rule on whether he is fit and proper.

 

The Castlemilk-born businessman released a conciliatory statement that accepted he should be scrutinised by financial and Hampden rulers.

 

King, who was a director of oldco that suffered an insolvency event and was found guilty of 41 tax charges, once again thanked the fans for helping him secure the club he has always supported.

 

He also insisted he is ready to "rebuild relationships" with the rest of Scottish football, many of which were damaged by the likes of Charles Green.

 

King, who will be successful in blitzing the current board at the egm in 48 hours, said: "An important issue that was repeatedly (and correctly) raised by the previous board is the need for the regulators to be given time to complete the necessary due diligence on myself - given my intended role as chairman of the company.

 

"However, engagement with the regulators can only commence at the specific request of the company and that process can only be initiated on conclusion of the general meeting.

 

"It is important that I lead by example following my commitment to transparency and accountability.

 

"I will therefore delay acceptance of my appointment as director until the regulators have completed due process.

 

"Paul Murray has agreed to act as interim chairman of the company until this process has been concluded. Additional board appointments will be announced in the near future.

 

"I again thank fans and shareholders for their support in bringing about the much-needed change that allows our club to progress to a better and more recognisable future.

 

"I stressed in previous communications that the club must operate in a transparent manner with the appropriate standard of governance and accountability.

 

"I also committed that the club will engage with fan groups to facilitate the continuation of the recent momentum in share purchases so that fans can become a significant voice in the future running of the club. I repeat that commitment.

 

"The club must also take this opportunity to rebuild relationships with the football community in Scotland. This will be to the benefit of the club and Scottish football as a whole."

 

King again took a verbal swipe at the existing board’s Nomad WH Ireland, who this afternoon stepped down.

 

He added: "I confirmed my intention to delay taking up my directorship to WH Ireland on Monday.

 

"Based on that decision WH Ireland agreed to remain in place to effect a proper handover to the incoming Nomad. I coordinated a call between both parties for this afternoon to effect the initial introduction.

 

"However, before this conversation could take place and contrary to our agreement WH Ireland resigned without prior notification to me. That lack of professionalism has characterised WH Ireland’s role as Nomad and reinforces why there was a complete lack of governance and transparency under its watch.

 

"Consequently, to WH Ireland’s and the board’s knowledge, it is blatantly dishonest to suggest that my imminent appointment to the board was of concern to them.

 

"Fortunately, the general meeting is not affected by the suspension. The new board will proceed to ensure that the listing is resumed as soon as possible.

 

"I ask that all who attend the general meeting on Friday do so with the calmness and the dignity that is befitting of this great club."

 

http://www.dailyrecord.co.uk/sport/football/football-news/paul-murray-rangers-chairman-until-5274035

Edited by chilledbear
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The club must also take this opportunity to rebuild relationships with the football community in Scotland

 

 

 

Only bit I have much problem with, otherwise seems a fair statement

 

We have to start influencing decisions.

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Somers quit after promising King he'd stay til the EGM, now NOMAD has done the same. They are surly damaging their own reputations pulling stunts like this.

 

Also, doesnt Paul Murray have to go through the fit and proper process since he was part of CW's board, or does that not come into it now?

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Somers quit after promising King he'd stay til the EGM, now NOMAD has done the same. They are surly damaging their own reputations pulling stunts like this.

 

Also, doesnt Paul Murray have to go through the fit and proper process since he was part of CW's board, or does that not come into it now?

 

I read somewhere that because Paul Murray raised concerns re Whyte to the SFA it is not an issue.

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The club must also take this opportunity to rebuild relationships with the football community in Scotland

 

 

 

Only bit I have much problem with, otherwise seems a fair statement

 

We may for a while have to "play the game" so to speak, as distasteful as most of the other players will be.

 

Ultimately, we need to ensure that our importance in the Scottish game is recognised and adequately represented so that we have our due influence.

Edited by TheWee BlueDevil
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