I'm sure SFA will let me get back on board [Evening Times (Glasgow, Scotland)]
(Evening Times (Glasgow, Scotland) Via Acquire Media NewsEdge) DAVE King is confident the SFA will NOT block his return to Rangers - after holding face-to-face talks with chief executive Stewart Regan.
The South Africa-based businessman is poised to join to the Ibrox club as chairman if directors meet the conditions he has laid down.
The current board have to open the books to the Glasgow-born multi-millionaire before he will reinvest in his boyhood heroes.
If they do, and if he is satisfied with the figures, then King would be keen to get involved.
However, the prospect of the man who ploughed pound(s)20 million of his personal fortune into Rangers in 2000 returning has led to speculation he will not pass SFA "fit and proper person" guidelines.
In order for King to be appointed chairman, the governing body would have to decide whether he satisifes the criteria they have for office bearers at their member clubs.
His involvement is in doubt on two counts. The first concerns whether he has been convicted of an offence "liable to imprisonment of over two years".
King has recently settled a long-running dispute in South Africa after pleading guilty to breaching 41 counts of the Income Tax Act there.
He agreed to pay pound(s)43million as all allegations of fraud against him were dropped.
The other issue that may hinder King returning to Rangers is his involvement with the oldco club pre- administration and pre- liquidation.
But the 58-year-old has met with SFA chief executive Regan during a recent visit to Glasgow and is in no doubt the organisation would not stand in his way on either count. The SFA board would only discuss and rule on his suitablity once he has formally applied to join the board at Rangers. But the Castlemilk-raised entrepreneur firmly believes he would be accepted after laying the groundwork for a comeback.
"None of these factors are an issue," he stated.
The AIM stock market could still object to the Scot, but, once again, he is confident he could assuage any fears over his involvement.
The return of the man who has an estimated wealth of between pound(s)200million and pound(s)300million would be welcomed by the vast majority of Rangers fans.
The supporters are desperate for somebody with a genuine affiliation to the club to come on board after their painful experiences with both Craig Whyte and Charles Green.
And many see King as somebody who is more interested in their on- field fortunes than the size of the profit he will make from his investment.
He has been monitoring the situation at Rangers closely in the last two years and has been waiting for the right moment to come on board.
He has rejected offers from Green and his associates to sell him shares in the last year as he wants any money he parts with to go towards the advancment of the club. Rangers chief executive Craig Mather and financial director Brian Stockbridge flew to South Africa this week to try and persuade King to come on board.
Despite the progress Ally McCoist's team has made on the park after signing playes like Cammy Bell, Jon Daly and Nicky Law this summer, the pair are under pressure.
Supporters are deeply unhappy with the running of the club, which announced a loss of over pound(s)14million in its annual accounts this month, and want boardroom change.
They are also deeeply concerned with predictions, which have been confirmed by Stockbridge, that Rangers could run out of money by the middle of next season.
It is not just followers of Rangers who believe King has the means and wherewithal to sort out the issues they currently face.
Former club chairman Alastair Johnston, who facilitated his initial investment in Rangers, has spoken in glowing terms about his strengths.
And Paul Murray, the former Rangers director who is attempting to return to the club board, has also stated he would be happy to work with King, or stand aside, if he took control.
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