Unbelievable.
Dave King has told the BBC reporter Alasdair Lamont that the Takeover Panel of the City of London are trying to bully him.
And he has suggested it is only happening because he’s at Ibrox.
This is an organisation made up of serious people and who have given him more than fair warning and his share of opportunities to play ball, and he is a glib and shameless South African based tax cheat who would lie about his own name.
He has also dismissed the impact it will have on the club saying that it is “not something (he) sees as critical.” It’s not known if Lamont pressed him on whether or not the club is able to hold a share issue whilst King is in contravention of the regulations, but it appears crystal clear to everyone watching that there will be significant consequences for Sevco.
Indeed, those consequences may already be being felt.
I give the BBC credit for at least trying to get answers out of him, but the shameless crook knows he can fob these people off with any old nonsense he likes. Getting the City of London to back away from him will not be quite so straightforward, and comments like this do him no favours at all, and the reek of paranoia – “that is nothing new since my involvement with (Sevco)” – wafts off the reply. Is he suggesting that the City of London hates his club?
You know, I think he is.
He knows that Lamont was going to publish this, so it’s a nod and a wink to the Sevco supporters. He’s at it, as usual, and playing the Victim Card for all that it’s worth. This man cannot be taken seriously, but Sevco fans should be well aware of the mountain of trouble he’s going to bring them if he keeps this up.
As I wrote earlier, he can no longer pay the Takeover Panel out of the proceeds of the MicroMega dividend. He faces contempt of court charges. On top of that, he’s probably looking at a high take-up of shares during the offer, which will compel him to buy at least some of them, perhaps costing him as much as £4 million.
Yet he keeps on digging the hole.
I don’t know where he thinks it leads to, and he’s clearly in La La Land already perhaps I don’t want to.