Dave King does not intend to take the role of chairman of Rangers, if the vote goes his way, straight away. He is willing to wait for the SFA's verdict on his bid to become Rangers chairman. King has announced he is set to claim a "landslide" victory when shareholders vote to elect a board at Friday’s EGM. However, before taking up the role on a permanent basis, if he proves to be successful, the Johannesburg-based businessman has confirmed he will let Hampden chiefs and regulators from the Stock Exchange determine if he is regarded as a ‘fit and proper person’ and able to become chairman. Former Blue Knight Paul Murray will be installed as interim chairman while King’s bid is scrutinised. King is likely to be asked to explain why he was forced to hand the South African Revenue Services a cheque for £44m in 2013 in a bid to stave off a tax investigation.
In a statement released on to night, King said: "An important issue that was repeatedly (and correctly) raised by the previous board is the need for the regulators to be given time to complete the necessary due diligence on myself - given my intended role as chairman of the company. However, engagement with the regulators can only commence at the specific request of the company and that process can only be initiated on conclusion of the general meeting. It is important that I lead by example following my commitment to transparency and accountability. I will therefore delay acceptance of my appointment as director until the regulators have completed due process. Paul Murray has agreed to act as interim chairman of the company until this process has been concluded. Additional board appointments will be announced in the near future."