Scottish Daily Mail

IBROX MEN NEED A SUGAR DADDY

Mo says King must invest or make way for a new owner

- By STEPHEN McGOWAN

the cash. I know it’s not there right now, but that’s what they need. ‘I don’t think the supporters will ever accept being second. They will only accept Rangers winning the championsh­ip. ‘The problem for Rangers is that Celtic are streets in front of them in terms of the finance side. ‘If they get £30million from the Champions League or selling Moussa Dembele, for example, if someone is willing to pay it, then that takes them even further away. ‘Maybe Rangers need a different owner. Perhaps that’s what has to happen.’ Found guilty of breaching financial regulation­s by forming a concert party to buy up shares in 2015, King has been ordered by the Takeover Panel to underwrite a full-scale £10.85m offer for the remaining shares. Rangers managing director Stewart Robertson (below) insists the ruling will have no effect on the club’s backing for new boss Caixinha. But Johnston added: ‘I don’t know much about the takeover which was in the papers on Monday. However, what I would say is if the owner injects money into the club then things would be better. ‘I don’t know the boy King’s finances, but if he puts more money in then things might improve. But I don’t think he’s going to do that. If this is the case they would probably need someone else to come in and invest their money. ‘There aren’t a lot of people out there who would be able to do that. For me, it would have to be someone from China. That’s the one

for me.’

MAURICE Johnston believes Rangers need a new owner with deep pockets to catch arch-rivals Celtic.

In a blunt message to Dave King, the man who famously played for both clubs called on the Ibrox chairman to back new boss Pedro Caixinha with funds for new recruits.

If he can’t, Johnston believes the club’s major shareholde­r should sell his shares to Chinese or other overseas investors.

‘I have no idea how you solve the money problem,’ said the former scotland striker on a rare return to Glasgow.

‘It’s a really tough one. If Rangers are going to have any chance of challengin­g Celtic, they need to spend

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