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Rangers takeover still on radar of Kyle Fox despite legal dispute - Paul Murray
Ms Kyle Fox of KRF Capital is still interested in leading a takeover bid of Rangers despite a legal dispute, according to the Herald.
The Light Blues were quick to bring in lawyers when they found out that Fox had tried to invite associates of the club to join her in an attempt to secure ownership of the club.
They are still seeking compensation from KRF Capital and Fox but former chairman Paul Murray is still adamant that they will remain interested in securing a takeover with the club valued at £108million.
The Herald, who were able to read legal documents on Sunday (10 September), report that Murray “offered to help her explore a potential acquisition of a stake in the club and put her in touch with board members and shareholders.”
He is also reported to have said he had introduced Ms Fox to the board’s deputy chairman before she made a takeover bid.
Turbulence
Nothing is ever straightforward with Rangers these days and this is another problem bubbling away in the background that is just not needed at this time.
Giovanni van Bronckhorst, Ross Wilson and the rest at Ibrox are all having to deal with back-to-back 4-0 humiliations along with other significant changes around the club all at the same time.
The last thing anybody needs is this continued interest in a takeover potentially disrupting the club even further with Fox seemingly persistent to strike a deal to add the Bears to her portfolio.
Rangers have had their problems with owners and finances in the past leading to some of the darkest days in the club’s history and they cannot afford to go back.
If Fox can bring huge money to the club to catapult them away from Celtic and the rest of the Scottish Premiership then perhaps it is worth talking but that should be for during the World Cup when the squad gets a full month off.
In other Rangers news, despite a late decision to deny away fans access to Ibrox for the Champions League tie against Napoli, some fans have already made their way to Glasgow.