THE Scottish Football Association have passed Dave King as fit and proper to hold directorship at Rangers.
Their statement reads:
Following the submission of an amendment to its Official Return by Rangers Football Club, the Board of the Scottish FA has considered the Fit and Proper status of Mr Dave King as a director of the club in respect of Article 10.2 of the Articles of Association.
Mr King provided substantial information in relation to the matters set out at Article 10.2 (h) and 10.2 (j) namely:
· He has been convicted within the last 10 years of (i) an offence liable to imprisonment of two years or over, (ii) corruption or (iii) fraud and;
· He has been “a director of a club in membership of any National Association within the 5-year period preceding such club having undergone an insolvency event”.
In considering the request, the Board of the Scottish FA has sought and received specialist independent legal advice, both in Scotland and South Africa, in respect of Mr King’s conviction further to the South African Income Tax Act and in relation to his previous involvement as a Director of the club. It has also received significant documentation from relevant authorities both within the UK and South Africa.
The scale of this due diligence is unprecedented but befitting the complexities of the consideration placed before the Board. During this exercise both Mr King and the club were fully co-operative and responded to all questions put to them by the Scottish FA.
On the basis of this advice presented to it, and having considered all submissions received from Mr King and the club in respect of this matter, the Scottish FA Board granted an approval, conditional upon further submissions from Mr King in respect of documented agreements with the appropriate authorities in South Africa.
The Scottish FA can confirm it has now received this supplementary documentation in full and the Board is satisfied Mr King is Fit and Proper in terms of Article 10.2.