Rangers chairman Dave King to challenge £11m court ruling

Rangers chairman Dave King plans to appeal against the court ruling which has ordered him to make an £11milion share offer, Press Association Sport understands.
By The Newsroom
Published 23rd Dec 2017, 18:54 BST
Updated 23rd Dec 2017, 19:02 BST
Rangers chairman Dave King. Picture: SNS/Alan HarveyRangers chairman Dave King. Picture: SNS/Alan Harvey
Rangers chairman Dave King. Picture: SNS/Alan Harvey

• READ MORE: Rangers chairman Dave King ordered to make £11m share offer

King was told to make an offer for most of the club’s shares after he lost a court case against the Takeover Panel on Friday.

Hide Ad
Hide Ad

He now must submit an offer within 30 days after a written decision by Lord Bannatyne following an earlier hearing at the Court of Session in Edinburgh.

But Press Association Sport has learned the South African-based businessman is determined to fight the ruling.

A source close to the club said: “The court has been notified of the chairman’s intention to seek leave to appeal.