Sevco were thrown into crisis tonight with the departure of Douglas Park from the blue room of unsurpassed dignity.
Park was the only member of the so-called Three Bears consortium to join the board following Dave King’s coronation in March.
The elderly Lanarkshire businessman never spoke in public about his director’s role but was pictured in the directors box at Sunday’s League Cup win over Peterhead.
With Dave King failing to back up his investment claims Park and his two fellow bears have put in two crisis loans of £1.5m to meet the April and May payrolls.
Rumours that Mr Park wasn’t seeing eye to eye with Mr King have surfaced in recent months with tonight’s shock news throwing the club into turmoil.
According to a club statement prepared by James Traynor’s Level 5 PR company ‘Mr Park feels he cannot at this time make a full contribution to the running of the Club and Company because of other commitments.’
Park’s son Graeme will replace dad on the Sevco board.
The coaching magnate stated: “I would like to put on record that although I held the position as Director for only a short period of time it has been an honour and a privilege to serve the Club and I will always be proud of the part I played in bringing this great institution back into the hands of those who have its best interests at heart.
“I am confident that going forward the Club is in good hands and will offer all my support to the Board in pursuing what is best for the Club. Rangers is hugely important to me and my family and I am delighted that Graeme is joining the Board.”
Mr Park is the second director to walk away since Mr King came to power with Chris Graham quitting three days after being appointed after his anti-Islamic comments were brought to light.
Tellingly there was no comment from Chairman King to thank Mr Park for his contribution. With King’s toxic reputation it’s unlikely that there will be a rush of respected businessmen wanting to be associated with a King led board.
Since taking control in the boardroom and being passed as fit and proper by the SFA Mr King has failed to make any investment in the troubled company.
What did he expect going into business with a GASL, and nae money Murray. These guys have a great track record, but they are real ranjerks men. Rats and sinking ship come to mind.
HH
The saga continues at servco. Another one (with some money) walks away.! Once again John Cleese thinks the “ongoings” at servco are funnier than he can write. When Walter Smith walked away he knew it was crooks that were running servco. Now Park has walked away he also has seen the light.(hopefully all the lights will go out) This looks like the SFA are going to get a bit on the bum for allowing king to be a fit and proper person. The comedy goes on!!
What an over the top article, I hardly see why it plunges them into crisis, what a load of bullshit, his son is taking his place on the board….. The only reason I am posting this is due to the fact that every time I read a story on here it’s an anti Rangers board story, as a Celtic fan I’d much prefer to be reading a story about my own beloved club and it’s day to day business, I’m totally bored by the going ons at ibrox. Please get back to posting stories about our club rather than non stories about a first division club….. Your starting to come across as obsessed about them….. We’ve got a big game this week, yet not a mention of it….. Football should be more important than politics at someone else’s club.
Col N
If you’ve seen the headline, why bother coming on and crying your eyes out. Joe does articles from the youth team to the first team, you must have missed them.
Keep up the good work Joe.
HH
And deprive us of much merriment and mirth? Written with sarcasm and wit.
I assume that you missed the report and follow up on the u-17 match at Vale of Clyde on Sunday, Stevie Frail’s thoughts from the Durban u-19 Tournament plus video highlights of last week’s 4-2 win away to East Kilbride. There was also a preview on Saturday morning to Kieran Tierney being in the first team v Ross County.
This website covers a lot of areas, having a chuckle at the omnishambles over at Ibrox is great fun and seems fairly popular, no licence fee required for this website.
no doubt the 1st of the board to walk away,once truth comes out about lying King being skint,we will see more rats desert the sinking ship Sevco,Not much money between the board members,just as well lying King announced Season ticket sales 40k+?pmsl only the DELUDED ones will believe this.
KEEP ON GIVING.LOL
Hack attempts to interview Douglas Park, code name ‘Fenton’, as he walks away from the Big Hoose.
https://www.youtube.com/watch?v=bmpONxJ7JSw