Steve1872 4 Posted October 25, 2013 Share Posted October 25, 2013 Raman Bhardwaj @STVRaman55s Dave King says he is utterly convinced both the SFA and the city would ratify any potential position on to Rangers board. 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted October 25, 2013 Share Posted October 25, 2013 Raman Bhardwaj @STVRaman1m King: 'I wouldn't be here otherwise. I've checked this fully with the relevant people.'' 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted October 25, 2013 Share Posted October 25, 2013 King: ''I'm back in Scotland for a series of confidential meetings to establish the best way to take Rangers forward'' 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted October 25, 2013 Share Posted October 25, 2013 You have to laugh. "Dave King straight into a meeting with the Easdales - reports he was bundled into the back of a van and it sped off are just nonsense" 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted October 25, 2013 Share Posted October 25, 2013 You have to laugh. "Dave King straight into a meeting with the Easdales - reports he was bundled into the back of a van and it sped off are just nonsense" Suppose that's better than being bundled into the back of the McGills 51a PRW via Renfrew. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,465 Posted October 25, 2013 Share Posted October 25, 2013 "Dave King straight into a meeting with the Easdales - he was bundled into the back of a van and it sped off " He wouldn't be the first....allegedly 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,613 Posted October 25, 2013 Share Posted October 25, 2013 Rangers oldco investor Dave King claims he "knows for sure" his newco board appointment would be ratified by authorities despite his tax convictions. The South Africa-based businessman flew into Glasgow Airport on Friday to hold meetings with the current Rangers International Football Club plc board after it was previously announced he was due to take up the position of chairman. Mr King told STV he would not have travelled to Scotland to hold the discussions over taking up a role at Ibrox if he had not received an indication that his convictions would not impact on his appointment. Earlier this year, Mr King settled a long-running dispute with the South African Revenue Service and agreed to pay it £44.75m after admitting he owed income tax and pled guilty to having contravened tax legislation by failing to provide correct information about incomes earned over a number of years. The payment agreement was reached as an alternative to an 82-year jail term for 41 terms of breaching the tax legislation, while the revenue service also agreed to drop prosecutions over fraud charges in relation to his business dealings. Mr King, who is executive chairman of Johannesburg-based MicroMega Holdings, spoke to STV in relation to whether the financial and footballing authorities would approve of his appointment. He said: "I wouldn't be here (in otherwise. I've checked this fully with the relevant people." The businessman added he "knows for sure" that regulators would approve his appointment and his legal team had contacted them to confirm there would be "no issues" with it. He added: "I'm back in Scotland for a series of confidential meetings to establish the best way to take Rangers forward. I'm here to see if I can get rid of the disharmony at boardroom level and between the board and the fans." The Scottish FA does not administer a fit and proper person test but does follow illustrative guidelines against which Mr King’s appointment would be measured. This will include looking at his previous convictions and his role as a director of Rangers oldco, which went into administration last February. A spokesman for the Scottish FA told STV on Friday they had no approach from King to be listed as a director, saying: "We have had no request from Rangers to amend their official return." AIM London Stock Exchange regulators will also assess his appointment against details of Mr King’s previous involvement in the insolvent Rangers oldco, as well as his tax convictions. Rangers International's nominated adviser, Daniel Stewart and Company, would have to present Mr King to AIM for appointment. Under stock exchange rules, should regulators have any questions about his suitability to be a director, Daniel Stewart and Company would have to signal to AIM that it had carried out due diligence on Mr King before putting him forward as a board member of a publicly listed company. On Friday, Mr King also told STV he was in Scotland to see if he could assist in a "fundraising exercise" for Rangers International. Finance director Brian Stockbridge and non-executive director James Easdale are the only board members left at Rangers International after a number of departures in the past year, including those of chief executives Craig Mather and Charles Green. Opposition shareholders, backed by businessman Jim McColl and Rangers oldco director Paul Murray, took a successful court action against the company to prevent it holding its planned annual general meeting on Thursday in order for it to consider the appointment of new directors. http://news.stv.tv/west-central/245532-dave-king-says-no-issues-with-sfa-or-aim-over-rangers-role/ 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,613 Posted October 25, 2013 Share Posted October 25, 2013 Why King agreed to R718m for a new start http://www.bdlive.co.za/business/2013/09/01/why-king-agreed-to-r718m-for-a-new-start 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,613 Posted October 26, 2013 Share Posted October 26, 2013 @McNallyMirror: If 41-times convicted King is deemed “fit & proper” by Scottish football chiefs we have abandoned all pretence of rules & regulations. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 26, 2013 Share Posted October 26, 2013 the fit and proper person test is to protect rangers. mcnally seems to misunderstand that. 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.