Taken from Rangers News page on Facebook:
Those of you that have been on the page with me from the start will know I’ve ALWAYS said money isn’t a problem and never has been.
The problem was/is Mike Ashley and his legal stuff.
Keep in mind I told you about the first Hong Kong investment a year (or more) before it happened. The new money is from Hong Kong also, not the same lads but they are friends with him. I think it’s safe to Julian Woldhardt who already has shares in Rangers. There may be others involved, I don’t know for sure though.
I did say a year ago we were about to get investment from the same person(s) that are about to invest but Ashley got in the way.
The news about Dave King stepping aside is new though. It was kind of a surprise, but when you think about it it’s not. He said he would stay as Chairman till things were stable, I guess he feels what’s in place means he feels comfortable in stepping aside. That is a big deal when you think about it.
From what I’ve been told, and the source it came from means you can take it to the bank, is he will step down as Chairman but still be “involved”. What that “involved” means I don’t know but my gut feeling is he’ll be around for years as at the end of the day, first and foremost he’s a die hard Rangers fan. I do not know who the new Chairman will be.
His tenure has had its ups and downs but his up have far outweighed his downs. I’m so glad he was there during the dark days as if he wasn’t, well I hate to think.
Also. There are other expat Rangers fans with money that have always been sitting on the sidelines that could have given Rangers a fiver or millions in a heartbeat, specifically the guy in New York that some will know about. He is meant to be extremely wealthy though medicine. Don’t quote me on that though.
Why do you think Gerrard signed, he was given cast iron assurances and he himself was shown proof this was going g to happen. The real tell tale for me was when we signed Kent in the summer. Rangers spending £7M (I know it’s paid in instalments) said to me that this investment period was on the horizon as Liverpool and their lawyers and all involved would have to be have shown “proof of funds” or how ever you want to say it.
So we are the crest of another interesting period for Rangers.
Feels good eh.