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EXCLUSIVE: Ex-Rangers chairman Sir David Murray considering investment in Glasgow giants

SIR David Murray is considering a shock move to invest in Rangers again.

PUBLISHED: 22:57, Wed, Mar 7, 2018 | UPDATED: 23:13, Wed, Mar 7, 2018
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Sir David MurrayGETTY

Sir David Murray oversaw the glory years at Rangers

The former chairman stepped down and sold his Ibrox shareholding for £1 to Craig Whyte in 2011. But it’s understood Murray is weighing up a move to buy back into the club.

 

He could buy out existing shareholders or try to muscle in on the upcoming share issue – if the current board give him the go-ahead. Rangers are set to announce a share issue but it is unlikely to be a public flotation.

 

The move was passed at the club’s last AGM, but shares would only be offered to existing shareholders and preferred purchasers. Current chairman Dave King may be reluctant to allow Murray to buy into the club again.

 

The pair had an uneasy relationship when King lost millions when he initially invested under Murray first time around. It could all come down to the level of investment Murray would be prepared to offer.

 

The 66-year-old’s time at Rangers was tarnished by the way he departed. The sale to Whyte saw the club go into liquidation in 2012. Rangers had to start again in Scotland’s bottom tier before being taken over by Charles Green and his consortium.

 

Many blame Murray for selling out to Whyte in the first instance although he claimed he had been duped. 

Murray was keen to sell his shareholding at that time because the bank was turning the screw as a number of his businesses had taken a downturn. Since then his interests have rocketed and last year he was back on Scotland’s rich list with a reported £150million fortune.

Murray turned Rangers into a major force by bringing in the likes of Mark Hateley, Brian Laudrup, Andy Goram, Rino Gattuso and Paul Gascoigne. He also brought in Dick Advocaat to chase the European dream, breaking the club’s transfer record to land Tore Andre Flo from Chelsea for £13m.

 

The money dried up in the final years but Murray still managed to bring back Walter Smith who got the club to the 2008 UEFA Cup Final.

Oh f*&k !!! :(

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What can you say.  Murray isn't Whyte, he didn't get into Rangers to destroy us and enrich himself in the process. He genuinely wanted success for the club and that desire got away from him and clouded his judgement when the financial landscape was altered out of all recognition by the introduction of TV billions to the EPL.

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There is not one quote or one piece of evidence in that article. Someone has quite literally sat there and made that up. That is story telling not journalism. There is no way he will come back, in my opinion he was the architect of our demise. Anyway, we have a game v the moon howlers so pish like this is par for the course. All the sweater when we pump them! :rfc:

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Murray generally got others to invest in the club and they ended up screwed. Is it likely he'd allow that to happen to himself? 

 

Murray had lost all enthusiasm for the club and separatist desperately wanted out. Why would he want to return? 

 

I can't see any way he'd want to come back into the club. 

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The only thing I can think of is that he's stung by the opinions of a section of the support about him when in his view he gave us our most successful and exciting period. Yes we all know the end result but he didn't plan it to end like that unlike Whyte who knew from day one what was ahead because he was deliberately engineering it.

 

If Murray really wanted to be involved again in any capacity I can only imagine it to be as a financial benefactor giving us the push we need to become dominant again.  It's the only way he could resurrect his Rangers legacy.

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51 minutes ago, JFK-1 said:

The only thing I can think of is that he's stung by the opinions of a section of the support about him when in his view he gave us our most successful and exciting period. Yes we all know the end result but he didn't plan it to end like that unlike Whyte who knew from day one what was ahead because he was deliberately engineering it.

 

If Murray really wanted to be involved again in any capacity I can only imagine it to be as a financial benefactor giving us the push we need to become dominant again.  It's the only way he could resurrect his Rangers legacy.

David Murray is a lot of things but he ain't no altruist.

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