Just when you think you’ve seen it all from the club across the city, something else happens that leaves you shaking your head.
It’s almost beyond belief.
When a club is as steeped in crisis as they are, the one thing they desperately need is a period of calm and stability. After the shambolic fortnight they’ve just endured, you’d think they’d be desperate for peace and quiet, finally able to focus on football. But Dave King, with timing that can only be described as terrible, has other ideas.
His latest move is one of the most ill-conceived in their 12-year history. At a time when the club should be regrouping and rebuilding, King has tossed a grenade into the mix, and now they’re left scrambling. He’s got the fans debating investment, the supposed long-term plan, and even the future of the manager, all when the focus should be on getting the club back on stable ground.
It’s no surprise, of course, that the club has flatly rejected his offer to return. They see it for what it is—an opportunistic attempt to serve King’s own interests, not those of the club. His track record of creating chaos and instability is well known, no matter how much his media allies or supporters might try to spin it otherwise.
In truth, King’s return would be the last thing they need as they attempt to transition from the wild, reckless spending of his tenure to a more sensible and financially sustainable future. And let’s be honest, it’s hard to picture any scenario where he would have been welcomed back with open arms, given the damage his previous stint caused.
But what’s truly bizarre here—and this is the part I didn’t dive into fully in yesterday’s piece—is that King didn’t seem to put much effort into his return bid.
If you’re looking to win over hearts and minds, you usually put together a polished PR offensive, rallying support and playing to the crowd. But King? He bypassed the PR altogether and went straight for the offensive, alienating people at every turn.
To break it down, if he truly wanted back in the Ibrox boardroom, he needed to cultivate allies. He needed people willing to give him a hearing, to consider his ideas seriously, and assess whether his return made sense. John Gilligan, one of the figures with whom King initially staged his coup to take over the club, should have been an obvious ally. But instead of using that connection, King’s first move was to suggest Gilligan should be ousted from his chairman role—so King could take it himself.
Instead of trying to build bridges with potential allies, he’s torched them. Gilligan should have been someone he could count on, but King’s aggressive power grab alienated him from the start. And it didn’t stop there—his comments about the wider board were equally nonsensical. Accusing them of leaving the club leaderless? It’s a disastrous approach to winning over support.
The aim seems clear—he’s trying to win over the fans. But that’s a dead-end strategy. Fans can’t put him back in the boardroom. They can’t elevate him to chairman. All he’s doing by rabble-rousing is creating more unrest at a time when the club can’t afford any. And the real decision-makers? They’ve been pushed further away by his behaviour.
King has gone out of his way to insult the very people whose support he would need to make this plan work. It’s baffling. From the outside, it looks like a self-destructive campaign. I doubt it makes any more sense from within the club either.
The media, of course, is lapping this up because some of them worship King. In spite of all the contrary evidence over the years they even believe the words that come out of his mouth.
They’ve always been pliable, eager to believe that King is a knight in shining armour, ready to ride in and save the club from its current downward spiral—the spiral it’s been on since it crawled out of Rangers’ grave and decided that it had to spend to match Celtic. But the media can only do so much. They can stir the pot, they can cause the Ibrox board trouble, but ultimately, the people running the club are the ones who decide if King has a place at the table.
If the Ibrox board decides to push back against King—and there are plenty of reasons for them to—they’ve got plenty of ammunition.
Dave King was publicly discredited by the City of London, who put the “black spot” on him after they found he’d broken the rules with his takeover. The South African Tax Court found him guilty of major fraud, and one judge famously labelled him a “glib and shameless liar.” His time in charge at Ibrox was littered with financial losses in the high seven and low eight figures, with the club racking up continuous deficits, even as Celtic enjoyed their greatest period of dominance.
For a man supposedly trying to take control of a football club, his strategy seems incomprehensible. From the start, he’s alienated the very people he’d need onside and waging war through the media has limited currency.
To make matters worse, he’s made it clear that he’s not willing to invest any more of his own money into the club which pretty much shoots whatever credibility he did have all to Hell. He’s asking for control while offering absolutely nothing in return, apart from a half-baked, ill-defined plan that nobody seems to understand, least of all him. Celtic’s latest accounts show the enormous challenge, one that needs more than a few silly platitudes.
So, it’s no wonder the Ibrox board rejected him without hesitation. As I said in my previous piece, it’s almost as if King never actually wanted control. So what are we to conclude except that this isn’t about reclaiming the reins of the club at all?
Which brings us to the real question: if King isn’t trying to take control, what is his true objective? What’s his endgame, and how does he plan to achieve it?
That’s something I’ll be exploring in greater detail tomorrow.
Seemingly some guy named Bloom is thinking of investing in Hearts causing the Record to get people to say he should invest in Sevco instead. I may be reading too much into his name but don’t think he would appreciate the Nazi element at Ibrox exposed just recently in a court case.
The suspicion surrounding King is that he always acts to gain the maximum for King. It’s not so much a suspicion as a rational take on his history. Whether it’s misappropriating pension funds, hiding his assets or, indeed any of his litany of misdeeds, the one constant is that he is trying to feather his own nest. Ally that with his own conceit that he deserves to be in power and was unfairly ousted after the black spot, he perhaps believes that he would have been warmly received as some sort of messiah.
That would explain his lack of preparing the ground. He sees Gilligan as an aparatchik, keeping the chairmanship warm for him.. Dave isn’t trying to build anything. He is simply trying to ensure that he can dump his shares, at top whack, probably to fans, if they can get organised. But if that doesn’t happen, King won’t hesitate for a moment to offload his shares to any financial shark with the readies to allow him to safeguard his kids inheritance. That’s Kings prime motivation.
His only objective is to sell his shares. Lord knows how he can??? But that’s his endgame.
I think he just wants the Board to buy back his worthless confetti shares to be rid of him.
He’s probably got very few income sources left. All his companies were all smoke and mirror investment
Shells. I mean none of his companies ever produced anything as far as I’m aware.
The SA Tax authorities are wise to him now so he’ll be restricted to what he can do.
Could the plan be to play to the galleries before offering his shares to supporters? Get them their spot on the board and recoup his investment?
Match tonight was amazing. Paradise was a riot.
So the Scummy’s from The Scummy Scottish Football Media love him – That much is obvious from what I read on here and elsewhere…
I actually also love him…
For the heartache he’s caused Sevco…
And for winning sweet fuck all in his five years as chairman at Liebrox…
Not one trophy outta fifteen as chairman at Liebrox…
Aye – I love for that and the chaos if certainly for nothing else for sure !
Is it time to reveal Agent King as a deep-cover Celtic operative?
the biggest chaos he helped to cause was when he voted against a cva thereby ending 140 years of history. this fact never seems to be mentioned he is no saviour that is clear.
Strange thing about football club chairmen. At Sevco the chairman seems to be all powerful but at Celtic he’s only a figurehead without any real power?
Strange indeed.
Aye but The Celtic Chairman has real power in a very important area – ie.Vice Chairman of The ECA…
That is truly vital indeed for sure…
Allegedly instrumental in the introduction of FSR in which a 12 year and 52 year old club called Sevco sufferers more than any other…
When I explained this to a few of them they said…
“Why has he did this to us – That means we have far less ‘investment’ (that favourite word again) to catch youse”
Truly Truly the most Gullibilly peepil on ze planet indeed !
A 12 year and 52 DAYS old club not 52 years as it reads…
Arrrrrrrrrgh – What a fuckin hangover after a magnificent 5-1 Champions League Win does to you !