Ibrox Stadium

Next Game

Rangers v St Mirren

Friday, 07 August 2015, 19:45

Scots Champ

Ibrox Stadium

Last Game

Rangers 3 - 0 Peterhead

Sunday, 02 August 2015, 15:00

Scot League Cup First Round

King cash needed in the future

Craig Mather has told supporters' groups that Rangers do not need Dave King's cash straight away.

Last Updated: 12/10/13 at 07:39 Post Comment

Craig Mather says cash from Dave King (pictured with Ally McCoist) will be neede

Craig Mather says cash from Dave King (pictured with Ally McCoist) will be neede

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

The Ibrox chief executive met with three different supporters' on Thursday and informed them he was approached by King to set up their recent meeting in South Africa.

King is believed to have lost as much as £20m while Sir David Murray was chairman of the club following the club entering administration in 2012.

Despite reporting losses of £14.4m for the 13-month period until the end of June, the minutes from Thursday's meeting reveal Maher told the supporters' groups Rangers were not in need of King's cash immediately.

"I want Dave King on board for his historic knowledge of how the club works," Mather is quoted as saying. "I said we don't need his cash now. When we get back to the top flight and to compete in Europe then we would welcome an inflow of cash."

Rangers face a hearing at the Court of Session on Monday to determine whether their annual general meeting can go ahead as planned on October 24.

The legal challenge was lodged by a group of shareholders unhappy about a motion calling for the appointment of former chairman Malcolm Murray, ex-Blue Knight Paul Murray and businessmen Scott Murdoch and Alex Wilson to the board.

Mather revealed he is concerned about speculation and rumours that are undermining his efforts to provide stability to Rangers.

"We have to do things legally and properly," Mather said. "I'm happy to add to the dynamic on the board. Dave King rang me and I was happy to meet and talk - I'm only interested in the future, not past events.

"DK is not part of any team or conspiracy - he's an individual who cares about Rangers. We had two days of very positive discussions with him and working with the existing team.

"I am concerned about lies being told about people on the board. I want voting at the AGM based on fact - 99 per cent of why we are in court is purely from the legal aspect."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

I

think that puts all doubts over Benteke's quality to bed. Can he do it after receiving the ball to feet, in the box, totally unmarked, on a warm, sunny afternoon in Swindon? Oh yes he can! This year is definitely Liverpool's year. YNWA.

rationalmanc
WATCH: Benteke's debut screamer

A

ll very well selling all midfield and strikers but unless we bring anyone in that is better than what we had then it will be a terrible transfer window in my view. Sorted out the defense but our midfield and striker options look very light.

bigo
Spurs Halfway To The Perfect Summer

L

ove it when Jose accuses others of being defensive, cynical and playing to win. If I was Wenger, I'd get that quote laminated and framed - surely the biggest compliment he's ever received from Mourinho. You've got him riled Arsene - you're relevant again!

suarez_blind
Jose rues pitch and weather after defeat

Footer 365

Arsenal manager Arsene Wenger has 'difficult questions'

Arsenal centre-half Per Mertesacker says manager Arsene Wenger has a lot of "difficult questions" to answer.

West Ham forward Enner Valencia ruled out for up to 12 weeks

West Ham forward Enner Valencia has been ruled out for up to 12 weeks with a leg injury.

Jordy Clasie says he'd have rejected move to Man United in order to join Southampton

Jordy Clasie claims he'd have rejected Man United to sign for Southampton - saying it's "better to start lower and finish higher".

Mail Box

There's A Lot Of Anger About TV...

...and how much you have to pay - largely for games you don't actually want to watch. Many of you are forced to go illegal. We also have mails on Chelsea, Angel di Maria and...

Not Just A Friendly. This Had Meaning...

Arsenal fans are very excited about beating Chelsea (don't remind them about last year), while there is criticism for BT and a football fan tired of being screwed by TV...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company