Home / Sports / Rangers chairman Dave King claims some shareholders are linked with organised crime | Football News

Rangers chairman Dave King claims some shareholders are linked with organised crime | Football News

Last Updated: 30/11/18 6:58pm

Rangers chairman Dave King told his lawyer he would not be able to make offers to four shareholders at the club because they had links to serious criminal activity

Rangers chairman Dave King told his lawyer he would not be able to make offers to four shareholders at the club because they had links to serious criminal activity

Rangers chairman Dave King told his lawyer he would not be able to make offers to four shareholders at the club because they had links to serious criminal activity

Rangers chairman Dave King has told a court that there are shareholders in the club who have links to organised crime.

The businessman made the revelation during a hearing into whether he wilfully breached a legal order which compelled him into making an offer to buy remaining shares in the side.

He told the court that he was “100 per cent committed” in offering to buy the remaining equity of the club.

But he told his lawyer Jonathan Mitchell QC that he would not be able to make the offer to four shareholders at the club because they had links to serious criminal activity.

Mr King said a board meeting concluded with the directors stating that the four shareholders could not transfer their stakes in any sale Mr King said a board meeting concluded with the directors stating that the four shareholders could not transfer their stakes in any sale

Mr King said a board meeting concluded with the directors stating that the four shareholders could not transfer their stakes in any sale

He said that he participated in a Rangers board meeting last Monday which concluded with the directors stating that the four shareholders could not transfer their stakes in any sale.

Speaking about one of the shareholders with suspected links, Mr King added: “They were engaged in criminal activities in the USA. There was an intervention from the authorities there and they were put in administration.”

About brandsauthority

Check Also

Duncan Weir’s new two-year deal is great news for Worcester, says Alan Solomons | Rugby Union News

Last Updated: 19/12/18 9:48am Duncan Weir has signed a new two-year deal with Worcester Worcester …

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: