The day after Dave King announced that he is stepping down as chairman on the troubled Ibrox company Keith Jackson has claimed that the South African based tax criminal has a ‘notoriously strained relationship with the truth’.
Perhaps he was making reference to a South African judge who described King as a glib and shameless liar as he convicted him of 41 tax offences that virtually wiped out his personal fortune.
As soon as King and his concert party took over at Ibrox in March 2015 they were removed from all London Share Exchanges with his reputation known in advance. In Scotland he was welcomed as a hero, compared to Fergus McCann and feted as the man to revive the beloved Old Firm Golden Egg.
Reflecting on his own relationship with King, Jackson told Record readers:
It’s perfectly true to say the King and I have shared a healthy distrust for one another stretching back to before he came riding over the horizon from South Africa, to personally oversee the immediate rescue and gradual resuscitation of Rangers.
It became abundantly clear from very early on that King had little interest in building bridges or making friends following his trumpet-blaring return to Glasgow. Curt to the point of being downright rude, emotionally stunted and prone to a notoriously strained relationship with the truth, King would be a hard man to believe at the best of times.
Even his fellow directors – and some concert party co-conspirators who helped get him over the threshold during his routing of Mike Ashley’s old board – admit they were always kept at arm’s length from his inner most thoughts. And, let’s not forget, this was far from the best of times as far as Rangers was concerned, following years of grotesque greed and reprehensible corporate behaviour inside the Ibrox boardroom.
King bails out shortly after being Cold Shouldered by the Takeover Panel from the City of London.
According to the 2019 club accounts there is a £10m funding deficit to be met which doesn’t include transfer commitments for Ryan Kent and Filip Helander while on January 17 Sports Direct will discover how ‘many millions of pounds’ they will get from breach of contract.
[ad_pod id=”rezonence”]
Next season the club won’t be wearing Hummel kit with the Danish firm expected to be in court for the failure of the club to honour their three year contract.