Dave King wants Sevco to spend more to compete with Celtic
While Graham Wallace holds conceptional discussions about pay cuts in a bid to prevent administration the South African based tax exile wants to spend more money trying to live with Celtic.
King was on board with Dave Murray as the old club blasted their way through millions of pounds chasing the European Cup but doesn’t appear to have learned any lessons from the demise of Rangers.
Living within their means ought to be the watchword at Ibrox but as Celtic prepare for a third successive attempt at reaching the Champions League King’s thoughts are on the club across the city rather than the shadow of administration hovering over Ibrox.
“I believe the club has to have funders who will invest to ensure that we can compete with Celtic when we get back to the SPFL,” the South African based billionaire said.
“Unfortunately, our existing shareholders either don’t have the money or the willingness to support Ally.
“With the right shareholder profile we should be investing in the squad not reducing it. We should be supporting Ally 100 per cent.”
As well as King, Sevco skipper Lee McCulloch has also been studying developments in the top flight.
Despite the intensive development of the Celtic squad since they thrashed Rangers (IL) 3-0 in the last ever derby match the versatile former Scotland star believes that the League One leaders are a match for any team in the land.
He told the club website: “Having played in the SPL myself before, I don’t think there’s that much of a gap between the top flight and League One.
“It’s a very thin line between the teams in the division we are currently in and the Premiership and I don’t mean that disrespectfully to anyone.
“You look at Motherwell and they went out to Albion Rovers in the Scottish Cup this season, who weren’t even at home.
“There was another upset at Celtic when Morton beat them at home and that just shows if you drop one per cent or hold off half a yard, you’ll get punished.”
Over the last three seasons McCulloch has been involved in eight cup ko’s ranging from Maribor and Malmo to Falkirk and Forfar.