King accuses Wallace in Ibrox dirty war
Justifying the 32%APR loan from Laxey Partners Mr Wallace told The Sun that Mr King has declined to deal with the current board.
After reading that claim the glib and shameless South African based liar decided to contact the paper with his version of events.
In today’s paper Mr King said: “Mr Wallace has never spoken to me or even attempted to communicate with me in any form whatsoever”.
The paper goes on to suggest that Mr King may be about to reveal more of his dealings with the Sevco board but the former Rangers director has constantly failed to deliver on his media claims for a number of years.
In the report it is suggested that Mr King had been in contact with Sandy Easdale and was prepared to offer a £1m loan interest free.
Mr Wallace has come under greater scrutiny in recent weeks as supporters start to look beyond the fact that he once worked at Manchester City and look for signs of progress under his stewardship.
At the same time Mr Wallace has launched the worlds biggest ever supporter survey with 1,200,000 made available for anyone to give their opinions to the board.
Since news came out about the £1.5m emergency loan three of the main Sevco supporter groups have questioned the decision to take out loans secured against company properties.
News that an interest free offer from Mr King was rejected will put Mr Wallace in the spotlight with more fans questioning exactly what his role is.
It is believed that Sevco chairman Mr David Somers is currently on an extended holiday.