Rangers chairman Dave King makes £19million offer to buy remaining shares in club Rangers chairman Dave King makes offer to buy out rest of the shares in the club King has offered £19million, which equates to 20 per cent per share Shareholders have until 1pm on February 15 to decide whether to accept offer
By Andy Newport, Press Association Sport
Published: 18:28 GMT, 25 January 2019 | Updated: 18:28 GMT, 25 January 2019
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Rangers chairman Dave King has made a £19million offer to buy out the rest of the shares in the Ibrox club.
King was ordered to make an offer for the remainder of the shares in Rangers International Football Club Ltd by the Takeover Panel after it ruled the South Africa-based businessman had acted 'in concert' with fellow investors when they took control of the club in 2015.
After a protracted court case, King finally agreed in December that he would make the offer and details of the bid were then posted
