There are a lot of questions about why Dave King is rambling again. Now, Ibrox Noise was honest enough to say we did agree with some of what the ex-chairman said – certain aspects of how the club has been run in recent times does leave a lot to be desired, but while the trip Down Under was clearly misguided, King has mainly used it for his own agenda.
We acknowledged that too, that he has his own reasons for the things he says, and quite frankly they’re all financial.
King is down several million – he invested in the club, became the biggest shareholder, but when he wanted out realised he wasn’t just going to get his cash back easily.
The plan was to sell the shares to Club 1872, but it’s not taken place yet, only a portion, and as things stand King still owns 65M shares.
It doesn’t look like Club 1872 are going to buy up the rest any time soon, so King’s sudden desire to get back on Rangers’ board appears to be as much about recouping his cash as it is anything else.
Do we believe King has Rangers’ best interests at heart?
We think King is a sneaky operator, and always was – we don’t trust him, and never did, which doesn’t alter the fact he was right with some of his comments recently.
But for him it was an opportunity, an opportunity to criticise the board, gain favour with fans and stand a stronger chance of being re-elected onto the board.
Which gives him direct access to our finances.
We’re not saying he’s going to steal or leech – nothing like that. Just that he has £13M in Rangers and doesn’t want to lose that.
The day Dave King is financially in the black as far as the club is concerned is the day he’ll sever ties entirely.
But that day may be a long way off.