ian1964

King on Ibrox repairs King takes a question on Ibrox. He says the last couple of years Ibrox has been about maintenance. Because the state it was in but now it will be about upgrading. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

Next question is an important one about disabled facilities, or rather the lack of facilities.

An unhappy punter takes Stewart Robertson to task over "glory hunters" Question about ticket allocation, says fans treated with contempt, guy says ‘glory hunters’ getting briefs for the final. Stewart Robertson explains.

Supporters could tackle HMRC Club 1872 asking about controversial HMRC story.

Chris Jack @Chris_Jack89 · 3m Replying to @Chris_Jack89 @HandTsport AGM open to questions from the floor. Club 1872 thank DK for their dealings and being ‘welcoming’ to fan investment. Thanks for huge personal contributions in time and money that supporters will ‘never forget’

King will remain until Sports Direct vanquished King on life as chairman. He will remain on the board of Rangers Retail Ltd until Sports Direct battle has been won. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

King in tears during standing ovation The chairman will step down in the new year King in tears gets standing ovation. Whole place is on its feet for King’s speech as the chairman breaks down while talking about stepping down. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

KING BOMBSHELL - STEPPING DOWN

Chris Jack @Chris_Jack89 King speaks about the Murray years, sale to Whyte and Ashley era. Say coming back to Rangers wasn’t easy in terms of time commitments but decided to take a ‘leading role’ as a sense of duty. Knew it would be ‘daunting’ and highlights his battles with SD, Takeover Panel, etc

"It was a sense of duty." - King King is getting emotional. Talking about the past...

RECAP! A wee recap... King not happy with £25m of losses but satisfied they were needed to get club challenging again. Plans for a share issue that will deal with the shortfall this term. There’s no more need for ad hoc spending each transfer window as a plan and a budget will be in place from now on. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

King to dismantle holding company King plans to dismantle the Rangers holding company and fold the shares into the football club. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

New share issue in January Funding initiative for new shares that will deal with the money needed to this season. He sees no need to continue the ad hoc investment and can sit down with an approved financial plan for squad. There is no longer a strategic need to incur losses. Funding initiative for new shares that will deal with the money needed to is season. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

King says investment exceeds £30m King admitting it costs a lot of dosh to sack managers. King says he and the Three Bears have exceeded the £30m invested needed but no longer need to keep doing it. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

King on Sports Direct “We continue to be bedevilled by Sports Direct’s influence on retail” https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

King not satisfied with financial situation He said: “How can I be satisfied with loses of £25m in recent years?” He says it was the only way to meet demands of supporters and the board were willing to spend in excess of that they earn. He was willing to do it but can’t do it for too long “without risk of collapse.” Says the club needs to get to get back to financial security. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315

"A couple of hundred Rangers fans and shareholders in attendance at the Armadillo. "Company Secretary James Blair opens the AGM and begins the process of voting on each Resolution." https://www.heraldscotland.com/sport/18060405.rangers-agm-live-latest-updates-dave-king-rangers-board-meet-shareholders/

Housekeeping up first It’s the housekeeping stuff up first with the voting on the Ordinary resolutions, such as the re-election of directors, Graham Park, John Bennett and Alastair Johnston. All pretty standard. It’s the housekeeping up first with the voting on the Ordinary resolutions, such as the re-election of directors, Graham Park, John Bennett and Alastair Johnston. https://www.dailyrecord.co.uk/sport/football/football-news/rangers-agm-2019-live-dave-20961315