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Dave King press conference at 2pm


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I really hope that Walter Smith is kept at arm's length by the board. We should not be seeking his advice about who the next manager of Rangers will be.

 

This is the man who trained up Ally for the role and still doesn't seem to grasp that his apprentice was abysmal in the job, but we also need a manager who will have the team playing a style of football that is worth paying good money to see.

 

I still think McCall will get the gig if we go up, but if there is an opening, the board should endeavour to seek out new faces who will rejuvenate the whole playing side.

 

"Literally every part of the club is broken."

 

TBH i think PM et al realise what a mess has been left behind.

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Rangers try to convince Ally McCoist to drop cash owed

 

DAVE KING last night revealed Rangers have tried and so far failed to persuade Ally McCoist to waive cash owed to him under the terms of his £825,000-a-year contract.

 

After being accepted as a director and with his chairmanship due to be rubber-stamped at a board meeting today, King stressed work on fixing a “broken” Gers will now pick up speed.

 

King will oversee £30million of investment in the club and has vowed to plough in at least half from his own pocket.

 

King started the ball rolling this week with a £1.5m loan as working capital until a clear funding strategy is in place.

 

But the club are also looking to bring new investors to the table and tidy up expensive contracts they have inherited.

 

Derek Llambias and Barry Leach – Mike Ashley’s puppets on the old Ibrox board – have now had their work contracts terminated, although Rangers refused to confirm if they had been given a cash sweetener to leave.

 

One outstanding issue from the days of the previous board is the contract for former boss McCoist, who was placed on gardening leave for a year back in December.

 

Many fans believe he should walk way without taking the cash as a gesture towards the club he served for so long.

 

King has asked the question, but has so far failed to strike a deal with the club’s leading goalscorer.

 

He said: “The fact is Ally is entitled to his money. The question is, can one ask him to accommodate the club?

 

“He doesn’t have an obligation, he doesn’t owe anything to the club. It’s a question of whether the club can convince him that, under the new regime, so to speak, he should give some satisfaction.

 

“But Ally is quite within his rights to be doing what he is doing.

 

“Maybe there is an opportunity for us to say, ‘Ally, we are here, we are staying, would you assist us in some way going forward?’

 

“But we must understand he would be doing us a favour.”

 

On the issue of McCoist doing Gers a turn after years of service on big money, King added: “I really don’t see it that way.

 

“The club owes Ally as much as he owes them in terms of the satisfaction he’s given fans over the years.”

 

King expects another general meeting in the next few months after Ashley called for one while also demanding the return of a £5m loan.

 

But he doesn’t believe any shareholder can compel the board to pay and won’t unless it is in the club’s best interests.

 

King is also not worried about a threat from former football board chairman Sandy Easdale to sue after the club was delisted from the Stock Exchange.

 

He said: “I’ve a little file of the number of times Sandy has threatened litigation against me. I really don’t take it seriously.”

 

http://www.express.co.uk/sport/football/579094/Rangers-try-to-convince-Ally-McCoist-to-drop-cashed-owed

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McCoist now showing his true colours.All that talk about not walking away in 2012 was only ever about one thing - MONEY.

He got found out big style as a manager and is now determined to get every last penny out of Rangers from an exorbitant contract he should never have got in the first place.He will never get another manager's job anywhere and he knows it.And the TV career's over too probably.

Great Rangers man ? No longer in my book he's not unless he does as King not unreasonably requests him to do in respect of the money he's earned from Rangers over the years.

Edited by RANGERRAB
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