Dave King reveals Kyle Fox meeting as Rangers could be hit by 'injection of money'
With the Rangers AGM approaching on 6 December, club shareholder Dave King has offered his support to the potential takeover from Kyle Fox.
Rangers parted ways with manager Giovanni van Bronckhorst earlier this week, and the club is also set to undergo some major changes within the board room in the club AGM in December.
The position of current chairman Douglas Park is bound to be a hot topic, as is the potential investment from American businesswoman Fox.
Former chairman King has certainly not kept his cards close to his chest, and revealed that he’ll openly oppose the re-election of Park during the meeting. King also revealed his behind-the-scenes chat with Fox, and suggested that her plans involve “serious investment”.
“I’ve only met Kyle once when I was over in Italy in the summer. She took me through her plans. I do think that she has a genuine appetite – if she can find a way around it – to bring some serious investment into the club,” King told Club1872 members, as quoted by Glasgow World.
“We can’t stagnate. I do think we could do with a new injection of people onto the board and a new injection of money.
“I don’t think the current composition of the board has a lot of scope to increase their investment. I think we need different ideas.
“Kyle is one such person. There’s a long way to go before I’d regard her as being a credible person, but I certainly wouldn’t discount her completely.”
With the sacking of Van Bronckhorst, it does feel as though Rangers are starting a new chapter at the club and changes at boardroom level are necessary.
While Van Bronckhorst did underperform and made some questionable decisions, there’s no denying that he wasn’t given much help by the Gers board.
Funds weren’t provided in transfer windows and he was left in charge of every footballing aspect of the club without any support from directors.
Positions of power need changing for the club to rebuild properly and if Fox’s takeover intentions seem genuine then an influx of cash and optimism could be exactly what Gers need to shake the doom and gloom from the last few months.
It’s not going to be a swift or easy transition but it’s certainly one that the club could do with. As King says “an injection of people” is just as necessary as an “injection of money” at Ibrox.