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Dave King to step down as Rangers chairman


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Dave King is to step down as the chairman of Rangers next year after four-and-a-half years at the helm.

Major shareholder King made the announcement at the club's AGM in Glasgow.

The South Africa-based businessman was one of the leading figures in taking control of Rangers in 2015.

"I would not step down if the club continued to need my services and support. But it doesn't," King told shareholders.

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Rangers chairman Dave King, who announced he will step down next year, says the club would not even accept an offer of £40m for striker Alfredo Morelos in January. (Scottish Sun)

Rangers managing director Stewart Robertson says the club is drawing up plans to increase the capacity of Ibrox (Herald -print edition).

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39 minutes ago, DeadLinesman said:

Translation: Someone please bid for him. We’ll accept slightly less than £40mill

Dave King's only focus is winning the league. Selling Morelos dents our chances of winning the league. He's not going anywhere.

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