There are those who believe that Dave King is an astute businessman. There is nothing astute about indictments for fraud, money laundering, market manipulation, racketeering, witness intimidation, bribery and tax evasion. However the latter two have been staples at Ibrox since 1988. Three decades of corruption in two clubs.
Would anyone of sound mind choose to work for King? My source, who promised to put more meat on the bone of his assertion that McInnes’ move to Ibrox was a done deal, has gone quiet. He promised an update after the Celtic v Motherwell game. He has not come through. I have always been skeptical of this media-driven move. Sunderland called Stewart Milne and asked for permission to talk to McInnes. No-one at Lite has followed suit. When I am misinformed I edit my pieces. I edited yesterday’s piece. I’m not motivated by exclusives. They are the cherries on a cake layered with facts. Getting it right is more important than being ahead of the curve.
McInnes is from Paisley. He started his professional playing career at Greenock Morton prior to a move to Ibrox. His Rangers tenure stuttered to a halt after two loan moves, one of which was to Toulouse. He represented Rangers in only 53 league games in three seasons as a squad player. There was no love lost when he ended his contract at Ibrox. He subsequently thrived as a player at Dundee United and St. Johnstone.
McInnes is a popular man who enjoys the confidence of his peers. As a player he was a consummate professional who left nothing on the park. As a manager and coach he has to cut his cloth; but he brings out the best in his charges and is so well-respected that the Scottish champions Celtic are prepared to entrust the fledgling career of Ryan Christie to his hands.
At Aberdeen McInnes and his assistant Tony Docherty run the football show. Would he be prepared to work for Mark Allen who left Manchester City’s academy under a cloud? Allen is a practitioner of the dark arts. In many ways Ibrox is an ideal home for this bent football administrator.
Given that King has to find £7.2m to keep the lights on there will be no budget to improve the current squad. King will attempt to flog shares to the unsuspecting Gullibillies who could not distinguish the difference between a stitched-up kipper and a share certificate, but no-one with two neurons and a synapse will go anywhere near this distressed company. A couple of spivs in Hong Kong might have a punt but there will be a conspicuous absence of corporate investors.
That is of course assuming that the share issue is not derailed by a Court of Session ruling and The Cold Shoulder.
The precarious nature of the finances should be a red flag to McInnes. The new club is only five years old and with the exception of some negative goodwill chicanery from Charles Green has posted losses year after year. The infrastructure at Ibrox is in urgent need of repair. Rangers Lite are effectively insolvent with no credit line from their bank.
Lite’s timeline stretches five years. Aberdeen was established in 1903. Aberdeen have won all their titles fair and square. Lite have been conferred their tarnished titles by dyed-in-the-wool Hun, Ménage A Trois Ballantyne.
If Mcinnes is looking for a club with history he should exclude Lite from his short list. Lite are not a slumbering giant. They are a mid-tier club with UEFA aspirations.
By my estimate King has somewhere in the region of £10m in his British Virgin Islands trust fund. If we are to believe him – always a stretch – he will loan Lite £7.2m irrespective of any cold front from Paternoster Square in London or Parliament Square in Edinburgh.
Rangers Lite won’t keep their heads above water by playing Europa League football. They must play in the Champions League group stages to be self-sustaining. In short they must win the title in season 2018/2019. This season is a write-off.
I don’t anticipate Rangers Lite pipping Celtic to the title in 2018/2019. Even Warburton with his magic hat could not cast his spell over them. McInnes should take a long hard look at Ally McCoist who cannot get a coaching gig to save his life.
If he pitches up at Murray Park next week, then hell mend him. He might be perceived as the panacea to cure Lite of all that ails them but in the final analysis he might be no more than a sugar-coated placebo.