article_snippet: In a statement on Wednesday, however, the Castlemilk-born businessman revealed plans to install key ally Paul Murray as chairman while the Castlemilk-born businessman spends time convincing regulatory authorities the Castlemilk-born businessman 41 tax convictions in South Africa should be no barrier to a Rangers boardroom return.
article_snippet: Dave King needs to prove to the stock market and the SFA that Dave King is a 'fit and proper person' Shares in Rangers were suspended on Wednesday after the club’s nominated stock market advisors
article_snippet: Adopting a conciliatory tone before seeking to convince the SFA’s professional game board of fiace director Barry Leach (second from the right) fit and proper status, Dave King added: ‘The club must also take this opportunity to re-build relationships with the football community in Scotland.
article_snippet: This will be to the benefit of the club and Scottish football as a whole.
article_snippet: Without a nominated advisor, Rangers shares cannot trade on the AIM Stock Market and so were duly suspended.
article_snippet: The move will do nothing to prevent the staging of Friday's General Meeting, where Dave King is now certain to oust Mike Ashley’s placemen Derek Llambias and Barry Leach from the Ibrox board before installing Murray and John Gilligan in Murray and John Gilligan place.
article_snippet: Rounding on WH Ireland and their representative Paul Shackleton, Dave King said: ‘It is blatantly dishonest to suggest that my imminent appointment to the Ibrox board was of concern to them.
article_snippet: the Ibrox board will proceed to ensure that the listing is resumed as soon as possible.
article_snippet: ’ Finance expert Neil Patey believes the suspension of Rangers shares is only an issue if Dave King fails to name a new NOMAD within 30 days.
article_snippet: And ’ Finance expert Neil Patey said:
article_snippet: Nothing is going to happen now until the Ibrox board is sorted out, whoever that is.
article_snippet: ‘the Ibrox board will then have to satisfy a NOMAD to take on the Rangers appointment.
article_snippet: So in principle the suspension of shares is not a huge issue unless Dave King’s has not lined someone up and all the Nomads turn around and say: “Sorry, Dave King’s has 41 convictions in South Africa”.
article_snippet: It could get to the point where, if Dave King’s doesn’t step away from the Ibrox board, the shares would be permanently suspended