Dave King admits he’s now weighing up what to do next with his Rangers shares after seeing plans to sell to Club 1872 collapse.
It’s been rumoured the former Gers chairman could now offer his portion to American businesswoman Kyle Fox, who failed with an Ibrox takeover bid last year. But King, Rangers’ biggest individual shareholder, last night poured cold water on those suggestions as he insisted he’s yet to identify any fresh bidder he’d trust to take on his 15 percent stake.
The South African-based tycoon last night told Record Sport: “It’s something I now need to address but at the moment there are no viable purchasers that could take the club forward.” That admission came after the Castlemilk-born tycoon announced he’d pulled the plug on the £13million deal he struck with Club 1872 in 2021. King - who’s previously expressed fears his family, who have little interest in football, might one day sell his shares to “the highest bidder” - insisted he was determined to ensure his stake ended up in the hands of those who cared for the club.
