Rangers Interim Chairman Urges Dave King to Invest
Rangers Interim Chairman Urges Dave King to Invest

Rangers Interim Chairman Urges Dave King to Invest

News summary

John Gilligan, the interim chairman of Rangers, has publicly urged former chairman Dave King to refrain from criticizing the club's management and to act like a responsible shareholder. King, who holds a 15% stake in the club, has claimed that Rangers is in crisis and needs a £50 million cash injection, but Gilligan pointed out that King has not offered any financial support himself. Gilligan characterized King's calls for an extraordinary general meeting (EGM) as unrealistic, emphasizing that the current board has no desire for change and that fresh investment is being sought. He acknowledged King's previous contributions to the club but stressed that the current situation requires practical solutions rather than public complaints. Gilligan's comments come as Rangers face significant challenges, including a leadership vacuum and a competitive disadvantage against rivals Celtic. As he settles into his role, Gilligan aims to stabilize the club amidst ongoing scrutiny and pressure from fans and stakeholders.

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