Mike Ashley has called on the Scottish FA to publish in full its reasoning for deeming Rangers chairman Dave King a fit and proper person.

The businessman dropped his court bid to have the decision, made by the governing body last May, overturned through judicial review because of an error in law.

The Scottish FA provided full reasons, as well as supporting documentation, for allowing King to take up his role at Ibrox to Ashley's MASH Holdings Limited on April 14, ahead of their court date.

Having reviewed the content, MASH say they believe it is in the "public interest" for the decision of the SFA's board to allow the South African-based shareholder to take up his position at the club.

A spokesman for MASH told STV: "We are delighted that the wall of secrecy surrounding the SFA's decision to declare Dave King a 'fit and proper person' is finally crumbling.

"As a result of legal action concluded today, the SFA has been forced to divulge documents in private to us that reveal the true reasons behind this controversial decision.

"This represents a significant victory for MASH and we believe there is a strong public interest in this information now also being made available by the SFA to all football fans.

"We therefore urge the SFA to come clean with the public about all its dealings in relation to Dave King."

"MASH notes that the SFA did not approve Dave King to be a director of the football club (The Rangers Football Club Limited, the body which has membership of the SFA), but instead only approved him as a director of the club's holding company (Rangers International Football Club plc).

"We find it astonishing that Mr King talks and acts as if he runs Rangers, whilst at the same time his lawyers claim he is not a de facto director of The Rangers Football Club Limited."

King's suitability was called into question by MASH because of his 41 convictions for contraventions of the Income Tax Act in South Africa.

At the Court of Session on Thursday, the Scottish FA's counsel revealed that significant evidence had been gathered to establish the full facts of those convictions.

It was also stated by Roddy Dunlop QC that a "certificate of good standing" had been provided by the South African Revenue Service on King's behalf.