Seventeen months after sweeping to power on an emotional campaign promising transparency Dave King has still to work out the detail of the Rangers Retail contract.
Founding father Charles Green set up a merchandising deal with Sports Direct in 2012 that got the kit of the new club UK wide exposure through the popular high street sports chain.
Mr King, who was found guilty on 41 tax charges in his adopted homeland of South Africa, has declared himself the victor after various court cases with Mike Ashley but seems no closer to getting his hands on the riches of merchandising.
In the latest state of the nation address to entice fans to buy season tickets the South African based convict said: “Since my appointment as a director of RRL, I have sought to understand the circumstances that led to it being formed, the way in which it carries out its business and the manner in which it is governed, both internally and in its dealings with the outside world. It is my duty as a director to understand such matters.
“There are a number of issues that, as my understanding increases, have caused me concern but they must necessarily be dealt with away from the public arena. What I can give assurances on is that I am using my best endeavours to resolve these issues.
“It was certainly a unique experience for me to share a boardroom table with a man called before a Parliamentary Committee to explain his company’s business practices and how that company treats those who work in its business.
“It was not a long acquaintance as Mr Ashley suddenly resigned rather than work with me and the others on the Board to resolve the issues facing RRL. No explanation has been given for Mr Ashley’s resignation.
“Paul Murray is with me on the Board of RRL and we will not abandon our duties to that company. These are now more challenging than ever as RRL has been advised by TRFC that TRFC has terminated the Agreement that permits RRL to distribute, market and supply Rangers products.
“As a director of RRL, I and my colleagues on the Board need to carefully analyse and review the circumstances that have led to TRFC terminating the retail arrangements. We also need to consider how RRL should respond to the termination.
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