BBC Scotland responds to claims of bias against Rangers

KING - Dave-King-fights-Mike-Ashley-over-Rangers-Retail

Valeman Dave King arriving at Ibrox where he is chairman.

BBC Scotland has rejected claims of bias against Rangers after the club said it was being unfairly treated.

The Rangers managing director said the broadcaster’s highlights programme Sportscene had undue influence on the SFA’s compliance officer.

Stewart Robertson also claimed coverage was influenced by an ongoing dispute between the BBC and Rangers.

The BBC has not broadcast from within Ibrox for more than three years, since the club, which was founded locally on Garelochside by the McNeil brothers from Garelochhead, and is now chaired by Valeman Dave King,  said one of its journalists was no longer welcome.

Rangers chairman Dave King will not have to fulfil his £8m offer to buy out other shareholders in the football club.

The chairman of Rangers International Football Club (RIFC) was forced to make the bid under legal takeover rules.

The deadline for the £8m share offer was on Friday.

And Rangers have stated that the 20p-per-share offer failed to reach the level at which the buy-out of smaller shareholders would have been triggered.

“The acceptance condition has not been satisfied,” they said. “In accordance with the terms of the offer, forms of acceptance and share certificates will be returned to shareholders within the next 14 days.”

King had been obliged to make the offer by the Takeover Panel, which ruled that he, George Letham, George Taylor and Douglas Park had acted “in concert” to acquire more than 30% of the Ibrox club’s shares in 2015.

The South Africa-based businessman had fought the demands of the panel and was close to facing a hearing for contempt of court, following court rulings against him, when he finally relented in January.

The total cost could have been £19m, but this was reduced to £8m by securing the agreement of further shareholders that they would not take up an offer from him.

That threshold would have meant less than half the shares would have been in minority ownership – outside the control of King and his investing partners.

Professional advice to the independent directors of RIFC was that investors might want to accept the offer if they were focused on growth in value of their shares, or needed to realise their asset by selling it.

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