Douglas Fraser, the Business Editor of BBC Scotland has turned on Dave King, questioning his business ethics and almost doubting the South African based criminal’s vague relationship with the truth.
A Court of Session hearing this morning was the venue for the latest attempt to get King to operate by the same rules as everyone else in the UK.
At the start of June contempt charges were served on the Ibrox chief at his home in South Africa over his continual refusal to make an offer of 20p to shareholders outside his concert party.
That Ibrox saga continued:
Thursday: Dave King tells fans the Takeover Panel case against him resulted from complaints by former directors and fans of other clubs.
(Evidence? None. Takeover Panel members are capable of thinking for themselves)…— Douglas Fraser (@BBCDouglasF) July 20, 2018
2) Dave King also tells fans that the Court of Session issues “strange” judgements, and it has created “further unnecessary delay, with no end in sight”.
(The delay seems to be the Ibrox chairman’s delay in getting £11m out of South Africa with which to comply with UK law)— Douglas Fraser (@BBCDouglasF) July 20, 2018
3) Friday: At a procedural hearing, Dave King’s lawyer agrees to pass on the message that the Ibrox chairman better sort this soon, or he’ll face a contempt of court hearing.
Potential penalties for failure to comply with a court ruling include jail.— Douglas Fraser (@BBCDouglasF) July 20, 2018
Complaint confirmed in para 106.https://t.co/m8JASY1zBJ
As the rest of the ruling shows, the implication that Takeover Panel has merely been responding to external pressure fails to understand the way it operates, and the law it applies.— Douglas Fraser (@BBCDouglasF) July 20, 2018
When that was announced King told BBC Scotland Sport that he was being bullied with no follow up question asked about his continual breach of regulations.
King’s legal team will be back at the Court of Session on August 14 to defend the contempt charge, assuming that he doesn’t manage to transfer £11m into a UK account and produce a prospectus.
Before then King will try to lift the injunction from Sports Direct preventing a third party from setting up a retail and distribution deal with the troubled Ibrox club.
