South African based tax crook Dave King has been declared as the victor in the battle for Sevco.
Friday’s EGM will be a formality with the current board moving on to be replaced by Mr King, blazer-chaser Paul Murray and John Gilligan.
In a lunchtime statement King declared: “All of the Rangers directors that are subject to my requisition have now accepted that my resolutions have been successful and there is now no need for the general meeting to proceed.
“Mr Llambias put it best by advising me that I had achieved a “landslide” victory. I wish to thank all shareholders, and particularly the fans, for this resounding success. The future now looks more recognisable for all Rangers stakeholders.
“James Easdale and David Somers did the right thing by resigning however the two appointees of Mr Ashley have stubbornly refused to resign and are using their current position (as remaining directors) to withhold implementation of the resolutions for personal gain.
“Now that the incoming board and I can focus on the future I will issue a further press statement outlining the immediate and intermediate steps that we have to take as we commence the road to re-establishing Rangers to the institution that its legacy demands.”
With the power grab from the Castlemilk raised tycoon/magnate almost complete Mr King must find a fifth NOMAD to work with the company that has been trading for five years.
The Alternative Investment Market is notoriously slack when it comes to regulating companies but with over 40 tax offences to his name even the AIM are likely to ask questions of the new master of the marble staircase, overlooking Craig Whyte’s claim to the stadium.
The SFA are unlikely to comment on the matter of Mr King, declared a glib and shameless liar by a South African judge, and Mr Murray becoming directors in a club despite sitting on the board of Rangers in the final months before liquidation.
