Dave King has claimed that it could take five years to clear up the criminal case over how Charles Green acquired the assets of Rangers (IL).
Police Scotland have charged Mr Green, Craig Whyte, Paul Clark, and Dave Whitehouse over the 2012 asset transfer with Mr King seizing control in March of this year.
Despite his promises of fresh investment the South African based businessman has yet to put a penny into the club with the shadow of criminal charges now looming heavily over the club.
With season ticket money soon to run out a funding crisis is looming with Mr King issuing a warning to any potential investor about the toxic nature of the Ibrox club.
“I have some experience of lengthy, complex litigation and I think this will run for quite a few years,” the man that a South African judge described as a glib and shameless liar admitted
“When you have the intervention of Police Scotland’s criminal case alleging against Green of conspiracy it starts to get complicated.
“I’d imagine that a lot of parties will now be looking at civil litigation. I really see this being tied up for a number of years..
“I don’t think it could possibly happen in two – I would say it will be closer to five. We believe that if anything is found to be untoward, they should be held accountable.
“That period of history with Rangers is clearly something the club and supporters have not been able to put behind it but it’s more likely, once the criminal case is aired, we will get some clarity as to what was really going on.
“We are as much in the dark about it so it will be interesting to see it unfold when the case is presented in court.”
After his midweek soundbites Mr King returned to South Africa missing yesterday’s home win over Livingston.
September 13, 2015 at 10:56 am
September 13, 2015 at 11:07 am
September 13, 2015 at 11:39 am
September 13, 2015 at 2:09 pm
September 13, 2015 at 6:18 pm
September 14, 2015 at 9:43 am
What has happened to all this money the gasl was putting in? Have they spent anything apart from loans and free transfers.
Is anyone in the press going to ever pick up on this guy’s statements.
No Wulz, they won’t.
Well if it isn’t my old mucker Mongti how you doing friend still licking windaes?
That takes us up to 10 in a row.
Wasn’t Mr King a director of Rangers for part of the EBT years?
What doesn’t he know what went on?
Anyway, he needn’t worry about it any more.
Sevco will be lucky to to survive for the next five months never mind concern themselves over the next five years…
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