Neil Pond
Updated on: October 12, 2024 1:47 am GMT
In a surprising turn of events, former Rangers chairman Dave King has hinted at a potential return to the helm of the troubled club. King, who initially led the team from 2015 to 2020, believes he could effectively steer Rangers through a critical transitional period if asked to return.
King’s Return: A Proposal for Stability
Following the recent resignation of John Bennett due to health issues, King has expressed his willingness to become chairman again, suggesting a two-year plan to reshape both the club’s operations and its financial future. Currently, John Gilligan has stepped in as interim chairman, allowing King to voice his thoughts on how he could help Rangers find its footing once more.
“I think I might be the best person to do it for two years,” King stated. He emphasized his intent not to make a long-term commitment, believing two years would be sufficient to instigate meaningful change at Ibrox.
King maintains that the current board needs to attract new investments rather than solely rely on the financial contributions from existing supporters. His vision is backed by a belief that there is considerable interest from external investors, both domestically and internationally, who could provide essential financial support.
Investor Interest Beyond Borders
King highlighted several regions with potential investors excited about owning a stake in Rangers:
- Saudi Arabia: With a growing interest in football investments, particularly after Steven Gerrard’s appointment, this region could be a significant source of funds.
- United States: American investors continue to seek sports opportunities, with Rangers positioned as an attractive option compared to several other clubs.
He stated, “I believe in chats that I’ve had, there’s enough of an investor interest in those areas who are investing.” King is pushing for a change in strategy that focuses on securing funds from outside the club, which he views as pivotal for future success.
The Search for Stability
As managerial changes loom, with Philippe Clement currently leading the team, King insists there is an urgent need to ensure that operational and commercial issues are effectively managed. He highlighted several crucial tasks that would need prioritization during his proposed two-year tenure:
- Establishing a stable executive team: King emphasized the importance of having a functioning executive team actively overseeing club operations.
- Securing commercial contracts: Understanding and managing the club’s financial liabilities is essential while committing to future agreements.
- Implementing a funding plan: This plan would allow the manager to start restructuring the squad effectively.
King’s focus is clear: stabilizing the club’s structure and finding new streams of investment should be top priorities.
Image caption: Rangers FC seeks new leadership amid ongoing transitions.
Bennett’s Departure and Its Implications
John Bennett’s exit signifies a moment of uncertainty for Rangers. Having served as chairman for only 17 months and being instrumental in appointing the current manager, his departure adds to the pressure on the club to quickly stabilize its leadership. Bennett made the decision to step down “with immediate effect for health reasons,” which has left the club in a precarious position.
King’s experience during his previous tenure is valuable given the current circumstances at Ibrox. He was credited with significant financial restructuring and reinstating the club’s competitive stature in Scottish football. Many supporters regard him favorably for his previous efforts, particularly in leading Rangers to win the league title after a long hiatus.
A Club at a Crossroads
Rangers find themselves navigating a challenging landscape on and off the pitch. With the need to address leadership voids and reinvigorate investment strategies, the club is at a pivotal moment. King’s willingness to return, paired with a strategic plan, may offer a path forward.
King is explicit in his view that “we’re not as bad as we were in 2015,” but emphasizes the necessity of an operational overhaul to ensure sustained progress. His main objective is to build a solid foundation that supports the club’s ambitions for both local and European success.
With speculations surrounding King’s potential return on the horizon, Rangers fans await clarity on the club’s next steps as new leadership is sought. The urgency for effective management comes as Rangers prepare to return to Ibrox after an extended absence due to renovation delays.
The future of the Rangers is getting a lot of attention right now. King might be coming back, and many fans see this as a chance for the team to have a fresh start and a bright new chapter at the famous club.
