Pledge to ‘nail’ Sports Di­rect

Evening Times - - SPORT | LAST WORD -

DAVE KING in­sists he won’t walk away from Rangers’ bat­tle with Sports Di­rect af­ter an­nounc­ing his in­ten­tion to step down as Ibrox chair­man.

The busi­ness­man will re­main a di­rec­tor of Rangers Re­tail Ltd once he leaves his board­room post next March.

And the le­gal wran­gle with Mike Ash­ley will be his main fo­cus go­ing for­ward as he seeks a favourable out­come in the long-run­ning mer­chan­dise row.

King said: “By and large, I have achieved what I set out to achieve. Sports Di­rect re­mains a source of huge frus­tra­tion be­cause it’s been the one, big fail­ure.

“I thought we were on top of it. I thought we had nailed it. I thought the sec­ond agree­ment was work­able, but they are per­sis­tent chaps.

“They look for an­gles and they find an­gles and we ob­vi­ously don’t agree with them all.

“I’ll cer­tainly be stick­ing around as di­rec­tor of Rangers Re­tail Ltd be­cause I want to see a con­clu­sion to this. It would not be fair for me to hand that on to some­one else. I am de­ter­mined to see this through and it’s im­por­tant I do not walk away.

“Once we have the fund­ing in place fol­low­ing the share is­sue I don’t need to be in­volved, but I do need to be in­volved where Sports Di­rect is con­cerned. I will take re­spon­si­bil­ity for that.”

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