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Dave King claims Rangers will hold money in reserve until January


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Good News for us in January.

 

http://www.skysports.com/football/news/11788/10526627/dave-king-claims-rangers-will-hold-money-in-reserve-until-january

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Rangers chairman Dave King has indicated manager Mark Warburton is unlikely to be given much more money in the current transfer window.

The newly promoted club started their Scottish Premiership campaign with a 1-1 draw at home to Hamilton Accies on Saturday, with Warburton's squad still short of numbers.

King promised an investment of between £30m and £50m when he was attempting to gain control of the then Championship club in 2015, but so far he has not any provided significant sum.

Head of recruitment at Ibrox, Frank McParland has been working with management duo Warburton and Davie Weir attempting to unearth players mainly out of contract.

Rangers have brought in Niko Kranjcar, who turns 32 next week, to join 33-year-old Joey Barton and Clint Hill (37) on Bosman deals.

Matt Crooks, Josh Windass, Joseph Dodoo and Lee Hodson have all arrived on nominal fees, along with free agents Matthew Gilks and Jordan Rossiter. 

Speaking after the match with Hamilton, King revealed he is planning to hold back money until January, while hopeful the club will compete in the Premiership and in European football next season.

Hamilton's Dougie Imrie is challenged by new Rangers signing Joey Barton (right)

"I think it's still early days. Mark and Frank and Davie have done a lot of work, we've brought in a lot of players, we have obviously increased our investment in wages very, very considerably," King said on Sky Sports.

"It's now a question of getting them to settle in. Today was the first chance of playing together in a competitive environment, but we hope the investment we have made will see us in good stead over the course of the season.

"I think we haven't finished doing business yet and given the fact we are in the Premier League, it's a more competitive league, I think we'll keep more in reserve for January as well and just look at where we think we are league wise at that point in time.

"Last year the challenge was to win the Championship and this year the challenge is to compete for the Premier League and then next year hopefully when we are in Europe, we'll increase the investment again to try and compete in Europe."

Rangers chairman Dave King speaks to Sky Sports News following their opening day draw with Hamilton.

Meanwhile, the South African businessman suggested fans will receive an update on the ongoing dispute with Sports Direct, who control the club's retail operation, and kit manufacturers Puma in the next couple of weeks.

The new Rangers kit was released on public sale last week despite the Glasgow club insisting they would not allow their IP to be used without permission, even though they are under contract with both parties and the official shirt sponsor.

Puma and Sports Direct have decided to adhere to the terms of the deal and Rangers confirmed in a statement they were not contacted on the decision.

King remains optimistic the position can be resolved, although he offered no details on how he can have any say in the matter.

"The situation regarding the well-known publicity, the commercial issues, is far more under control, if I can use that term, than it was a couple of months ago," King said.

Rangers manager Mark Warburton is hoping to add a couple of players before the end of August

"I think probably within the next few weeks. I think we've made a lot of progress in an area where we have a lot of sensitivity around it, that's Puma, it's how we handle the situation with Puma.

"As a football club we regard our contracts as being very, very important. Puma, as we all know are a kind of unwanted party, they really shouldn't be there, and they are caught up in something.

"So we are trying to get the balance right between doing what we think is right for the football club and the supporters but still recognising that while our legal position may be that we can take certain actions, we still have to respect that Puma have been very supportive of the club.

"We'll try and find a way out that works for both of us.

 

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5 hours ago, Smile said:

Good News for us in January.

So we're probably still not spending any money in the transfer window, our squad is still short of numbers, King has so far broke his promise on spending money, we still can't re-negotiate the dodgy contracts with Puma and Sports Direct and Joey Barton was a clusterfuck ...........thank fuck there wasn't any bad news in there OP.

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I think loan signings are the way to go this window. 

If we do have a few million to spend(being hopeful) I would like to see this spent in the summer. Spend this window getting a couple quality loans and signing up any Bosmans we may want.

The league is gone and I think without signing anyone we can still finish 2nd. So no need at this time to do anything rash

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" it's a more competitive league, I think we'll keep more in reserve for January as well and just look at where we think we are league wise at that point in time"

 

The cop out will be "league wise" it doesn't make sense to invest this window. Too expensive, best players not available, blah blah.

Money will be kept in reserve for the summer when we're going for 55.

And repeat.

 

 

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We won't spend any real money in January and i'm not sure if I'm that bothered because players are generally overpriced at that time of the season and a lot of people just end up panic buying shite.

With the league title already gone and us starting to open up a gap from third place it'll be a couple of loans to supplement the squad and very little else.

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He's holding back 5 quid for us in January then?

Don't trust the fucker, he's clearly a manipulative shit whom has gotten out of sticky situations in the past by being a down right liar so I do not want him in charge of my football club and certainly do not believe anything he has to say.

I don't care if he proves me wrong, I'll never trust him.

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