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King tells Somers: Time to leave club

Millionaire businessman wants fans to have a role in club

Dave King warned Rangers chairman David Somers and the rest of his board yesterday that their days at Ibrox were numbered.

The former oldco director has called a general meeting with the aim of ousting the current directors from their positions.

Somers has until tomorrow to confirm the shareholder session and it must then take place within three weeks of that date — making February 27 the deadline day.

Multi millionaire businessman King has flown in from South Africa to put the finishing touches on his bid to take control and insists he is “very confident” he will get at least 51 per cent of the vote.

Now the Castlemilk-born supporter — who will also ask shareholders to vote himself, former Blue Knight Paul Murray and ex-brewery boss John Gilligan onto the board — has claimed Somers, James Easdale, Derek Llambias and Barry Leach should prepare for defeat.

King said: “We should be 23 days away (from clinching victory). The meeting should be called on Friday if the board takes the maximum time possible.

“I’ve had no indication from the board that there is any difficulty with the requisition. They have had three weeks to look at it, so I’m assuming if they call the meeting on Friday and if it runs in 21 days then I will be back here in three weeks’ time.

“We will have the meeting and then immediately have a new board.

“Then we will go to work on the business of the club.”

But King, who lost £20 million when Rangers were liquidated, hinted he may be willing to work with Mike Ashley.

The Newcastle United owner and Sports Direct founder has lent the Glasgow giants £10m and tightened his grasp on the club’s commercial division.

King said: “I think he can be (an asset for Rangers). He’s obviously a very wealthy guy and has shown a capacity to put money into the football club. He has a business which is closely aligned to the activities of the football club.

King also backed fan groups Rangers First and the Rangers Supporters Trust to play a greater role in the running of the club — and promised to match them pound for pound if he wins the Ibrox power battle.

The 60-year-old eventually wants to see fan-ownership campaigners fulfil their dream by putting the Light Blues faithful in command of their club.

King revealed supporters will be asked to take part in a share issue once he has secured victory but promised to match the sum they raise before handing his shares over to supporter chiefs for them to control.

Rangers First and the RST already own more than two million shares between them and King said: “I’ve had conversations with both of these groups and found we are completely like-minded. They want to get more involved in the club and my view would be to encourage and assist them in any possible way.

“We don’t want to end up in the position we’re in now where the most important stakeholders at the club — the fans — have the smallest voice.”

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