One of the themes that comes through over the continuing crises at Sevco is the way King keeps pushing the boundaries and chancing his luck until he comes up against an obstacle that does not move for him. You see the pattern over and over again.
You saw it with Ashley. You saw it with the needless fight he picked with his shirt manufacturers. You see it in the disgraceful way Sevco has chosen to interact with other clubs. You saw it in the way he thought he could breeze through various stages of the Takeover Panel problem; King thinks he walks on water. He believes a lifetime of dodging the harshest consequences has made him bulletproof. That is the last man I’d want running my football club.
King is addicted to risk taking, it’s as simple as that. And because he is, his club will forever be in harm’s way. He will continue to engage enemies either real or imagined. He will continue to flaunt the rules and regulations. He will continue to chip away at sporting integrity. Sooner or later it will all come crashing down, but until it does he won’t stop.
The Takeover Panel saga took its latest twist this week when King appeared before handpicked sections of the media and talked the most ridiculous nonsense. He accused them of being bullies; it is a charge he has previously levelled at SARS, the South African Tax Authority, and at Mike Ashley. But in both those cases, as in the Takeover Panel one, King deliberately provoked the trouble he found himself swept up in.
This might be his daftest move though, and the one that has the darkest consequences for the club. The problems he’s caused them with it are enormous. The share issue he talked about the other day might not be permitted by the Takeover Panel whilst this issue is unresolved and his plans for it are so controversial they have attracted criticism from two of Scotland’s foremost business commentators, Ian Frazer and Douglas Fraser of the BBC.
And of course, without the debt for equity swap King cannot get the club over the eligibility line for the European licence.
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