Rangers chairman Dave King makes 19m offer to buy remaining shares in the club

Rangers chairman Dave King makes 19m offer to buy remaining shares in the club
Rangers chairman Dave King has made a 19million offer to buy out the rest of the shares in the Ibrox club.King was ordered to make an offer for the remainder of the shares in Rangers International Football Club Ltd by the Takeover Panel after it ruled the South Africa-based businessman had acted “in concert” with fellow investors when they took control of the club in 2015.1

Dave King has made an offer to buy the rest of Rangers

After a protracted court case, King finally agreed in December that he would make the offer and details of the bid were then posted on the Rangers website on Friday afternoon, just hours before the deadline.King has notified the courts that he will use Laird Investments, a family owned trust, to fulfil the ruling. Shareholders have until 1pm on February 15 to decide whether to accept or reject the offer of 20 pence per share.King seized control of the club from the previous Mike Ashley-backed regime when he teamed up with a group known as the ‘Three Bears’ – businessmen Douglas Park, George Letham and George Taylor.But as they collectively held more than 30 per cent of the shares in the club’s holding company RIFC Ltd, the Takeover Panel ordered Castlemilk-born tycoon King as the group’s leader to comply with stockmarket rules which meant he must make a bid for the remainder of the shares.However, a number of shareholders have already given King “irrevocable undertakings” that they will not accept the offer – potentially reducing the final bill by around 11millionThe rest of the shares are worth in the region of 8million but many are small holdings in the hands of fans, who are also unlikely to agree to the offer.

---

Ole Gunnar Solskjaer has jokingly warned Virgil van Dijk to expect an eviction notice if and when Manchester United give their caretaker-manager the job on a permanent basis. Solskjaer has won 14
Man Utd appoint Ole Gunnar Solskjaer: Red Devils boss won't

---

Emiliano Sala 'told friend he did not want to join Cardiff

---

Liverpool are going for Champions League No.6 when they face Tottenham in the final in Madrid on talkSPORT - Published 10 hours ago Also reported by •Football.london •SoccerNews.com: Sadio Mane EXCLUSIVE: Liverpool players feel they are destined to win Champions League title this season
LIVE: Liverpool, Tottenham Battle for Champions League Title

---

Young Liverpool fan left in tears as Mohamed Salah hands him his shirt after Reds' Premier League win over Southampton; Big blow for Liverpool as star forward will miss UCL return leg clash against Barca, Salah also doubtful; Liverpool Forward, Salah Makes History, Breaks Robbie Fowler's Record
Liverpool forward makes young fan cry by giving him his shirt

---

LaLiga Team of the Season 2018/19: No Real Madrid players make the cut while surprise packages rule the roost Our man out in Spain reveals his XI - with a limit of just one star from each club By
No Real Madrid players make the cut while surprise packages

---

Former Swansea City, Wigan Athletic, Everton, Belgium and West Bromwich Albion assistant-manager who took his first job as a number one at Kenilworth Road in May 2019 on a three-year contract.
Graeme Jones poised to become Luton Town manager | Football

---

The latest Tweets from Football Predictions ⚽️ Free Tips (@FootyPredictNet). Free football tips and news from the top source of football predictions:

---

Media caption Goalkeepers Jack Butland, Joe Anyon, Kasper Schmeichel and Joe Hart acted as pallbearers. World Cup final teammates of England goalkeeper Gordon Banks have attended his funeral
Stoke keeper Jack Butland pays tribute to mentor Gordon Banks

---

Manchester United announced reduced quarterly revenues on Thursday but the English football giants insisted they remain on course to declare record annual income. United revenue of £135 million ($172 million) for what is termed the first quarter of 2019 was down from £143.7 million in the same period last year.

---

Dec 09, 2018 · Football star Raheem Sterling has accused British newspapers of helping to "fuel racism" in their portrayal of young black players, the day after he was subjected to alleged racist abuse in the
Raheem Sterling: Manchester City star accuses British

---

Mauricio Pochettino: Tottenham fans should be worried about

---