Raghead 24 Posted November 14, 2012 Share Posted November 14, 2012 Now that dave king is free to trade do you think he will invest? Even thou he's lost out on his last investment? My mate seems to think he will buy the club from green but I doubt that very much Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted November 14, 2012 Share Posted November 14, 2012 He may do after all he did at one time invest 20 million in us not many can say that. Quote Link to post Share on other sites More sharing options...
linfield1690 4,249 Posted November 14, 2012 Share Posted November 14, 2012 Has his tax shite in SA been sorted then Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted November 14, 2012 Share Posted November 14, 2012 Has his tax shite in SA been sorted thenhttp://local.stv.tv/...-order-revoked/Former Rangers director Dave King has had a restraint order against him in Scotland revoked.The Johannesburg-based businessman had the restraint order taken out against him by the South African Revenue Service, which has been involved in a long-running dispute with him.In Scotland the order was enforced by the Crown Office, which prevented the 57-year-old from dealing in "realisable assets", which prevented him from being able to invest in any Scottish companies, including Rangers.Mr King is accused by the South African authorities of transferring the assets of his financial risk management consultancy firm, Ben Nevis, to Metlika Trading Limited after his old company was pursued for a £222m tax bill by the country’s revenue service.The restraint order was initially taken out against Mr King in 2006 after he was charged with criminal offences involving alleged tax evasion and breaches of exchange control regulations in relation to the transfer between Ben Nevis and Metlika.He claims to have invested around £20m in Rangers oldco, formerly The Rangers Football Club plc, in 2000. This led to him owning a 5.3% stake in the company through Metlika.In a Court of Session action earlier this month, Mr King was successful in revoking the restraint order against him as an individual, although the court action remains in force in Scotland against Metlika.A Crown Office spokesman said: "Following a request by the South African prosecuting authorities restraint was sought by the Crown in 2006 of assets of David King and Metlika Trading Limited, a company associated with David King. Part of the property held by Metlika included a shareholding in Rangers FC. The court granted a restraint order on 29th June 2006."The court recalled the restraint order in respect of King on Friday 9 November 2012. The restraint order in respect of Metlika remains in force." Quote Link to post Share on other sites More sharing options...
Gaz92 966 Posted November 14, 2012 Share Posted November 14, 2012 No, I think we're fine the way we are. Regardless of what he's done in the past, I'm not sure I want someone fresh off such a case to be running our club. Quote Link to post Share on other sites More sharing options...
Spacecowboy 92 Posted November 14, 2012 Share Posted November 14, 2012 No, I think we're fine the way we are. Regardless of what he's done in the past, I'm not sure I want someone fresh off such a case to be running our club.as long as we seek the appropriate assurances and such like, if someone is wanting to invests heavily, then i dont think we are in a position to say no. Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted November 14, 2012 Share Posted November 14, 2012 Once he has sued Murray for that £20Million, he said he would put it straight back into the club. Ive reason to disbelieve him. Quote Link to post Share on other sites More sharing options...
He's blue he's white 717 Posted November 14, 2012 Share Posted November 14, 2012 Doesn't feel right to me, I would say no thanks and I'm sure Chico can attract similar investment from a more reliable and credible source. Quote Link to post Share on other sites More sharing options...
Jonok 1,245 Posted November 14, 2012 Share Posted November 14, 2012 He's won his first tax case and is now suing SARS who were lambasted by the judge.http://www.bdlive.co.za/opinion/columnists/2012/09/18/was-king-case-a-waste-of-money Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,042 Posted November 14, 2012 Share Posted November 14, 2012 He hasn't got a Fucking penny rand ruble cent franc or kroner to his name rememberHe told the S.A. government he was skintReally though Fuck that. We have enough skeletons from the previous regime without adding more Quote Link to post Share on other sites More sharing options...
heathen fish boy 8,615 Posted November 14, 2012 Share Posted November 14, 2012 probably be better with Jason king the psychedelic supersleuth Quote Link to post Share on other sites More sharing options...
TheFarmer 260 Posted November 14, 2012 Share Posted November 14, 2012 Once he has sued Murray for that £20Million, he said he would put it straight back into the club. Ive reason to disbelieve him.Out of interest why don't you believe him? Quote Link to post Share on other sites More sharing options...
chris81 61 Posted November 14, 2012 Share Posted November 14, 2012 Dont want another 1 man owning us again. Think Charlies got the right idea. If DK wants to invest more money up to 10% of the club then fire in. Quote Link to post Share on other sites More sharing options...
mongolikecandy 418 Posted November 14, 2012 Share Posted November 14, 2012 probably be better with Jason king the psychedelic supersleuthAye he was bent as well Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted November 14, 2012 Share Posted November 14, 2012 Once he has sued Murray for that £20Million, he said he would put it straight back into the club. Ive reason to disbelieve him.Why would he get any money from Murray? Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted November 14, 2012 Share Posted November 14, 2012 Out of interest why don't you believe him?Since the bold yin made his statement on suing Murray, weve not heard much. Either his lawyers are scouring every detail with a fine tooth comb or he was talking pish. Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted November 14, 2012 Share Posted November 14, 2012 We don't need King. His acquittal was more to do with SARS poor case than any innocence.If he gave us money before, thats great, but that doesn't entitle him to any future options.We have put together a board of reputable standing and I'd like us to keep it that way. Quote Link to post Share on other sites More sharing options...
Jonok 1,245 Posted November 14, 2012 Share Posted November 14, 2012 We don't need King. His acquittal was more to do with SARS poor case than any innocence.If he gave us money before, thats great, but that doesn't entitle him to any future options.We have put together a board of reputable standing and I'd like us to keep it that way.Aquittal means innocent in my book, I would be happy to see Dave King investing but I dont want a single owner again. Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted November 14, 2012 Share Posted November 14, 2012 He can't buy the club from Green, it's not Greens club to sell. Thought that was obvious. He'd need to chap the door of every shareholder and make them an offer. Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted November 14, 2012 Share Posted November 14, 2012 I would be wary of characters like Dave King right now, last thing we need is more bad press regarding tax issues and innocent or gulity if he was to be involved again with us we all know what the mhedia would say. Quote Link to post Share on other sites More sharing options...
legalbeagle 3,734 Posted November 14, 2012 Share Posted November 14, 2012 Anyone who told our creditors to vote against a CVA is not a friend of our club, in my book. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,287 Posted November 15, 2012 Share Posted November 15, 2012 Nice little synchronicity that he's free to invest just as the share issue happens Quote Link to post Share on other sites More sharing options...
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