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Warbo’s cash warning to Sevco

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Mark Warburton has warned Sevco that they’ll have to pay out for his undignified Ibrox exit.

The former city trader was dumped by email on a Friday night less than 48 hours before a crucial Scottish Cup tie with Morton.

After the company released a statement claiming that he had resigned Warbo was subjected to a bitter personal attack from Dave King who had watched one match this season.

The undignified departure is something that upset the Londoner but he’ll bite his tongue until he takes Sevco to court or gets offered an unlikely pay off from the cash strapped tribute act.

I kept my counsel through the events and the shock of the Friday night when I received an email, as did David and Frank,” the Evening Times report the Magic Hat saying. “I kept my counsel.

In the ensuing few days when the club, when Rangers, released a variety of statements I sought the advice of the LMA who have been outstanding in their support.

I issued my response through the LMA in my official statement and right now, I’m sure you can appreciate, there is a legal process under way and being followed. It wouldn’t be appropriate to make any comment above what was in my statement.

As and when the time is right, I’m sure that can change but right now it is really important that we follow that legal process.

As I have said I have got a legal process but what I can say is I have heard an awful lot of things that supposedly happened but none of them are true.

From my point of view, I will follow the advice of the LMA who have been outstanding in their support. Let’s follow the process and when the time is right I am sure the details will emerge.”

Since sacking Warbo King’s character and ethics have been called into question by the Takeover Panel who say that he operated in a concert party with the Three Bears denying other shareholders the chance to sell their shares for 20p,

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