Breaking Football News, Opinion and Features. Dave King fears liquidation for Rangers. Wed 7th Mar 2012 | Football Club Administration Rangers director Dave King believes it is "inevitable" the club will plunge into liquidation after administrators were called in at Ibrox.
South Africa-based King, the only survivor from the Sir David Murray era on the board, announced his intention to sue the former Rangers owner and criticised Craig Whyte after the SPL champions entered administration last month. In a 1500-word statement, King said: "I do not believe that there is a reasonable prospect that the company can come out of administration.
I believe that liquidation is inevitable. " King lamented historic failings for Rangers' present predicament, which resulted on February 14 over an unpaid tax bill of £9million accrued during Whyte's tenure. Fédération Internationale de Football Association (FIFA) - FIFA.com. Champions League. Manchester United. Chelsea fc. The FA - The website for the English football association, The FA Cup and The England football team.