Dave King ruled ‘fit and proper’ to join Rangers board by Scottish FA
The businessman will be able to take up the position of chairman at Ibrox.
Dave King has been ruled fit and proper by the Scottish FA to take up a position on the Rangers board.
King, who gained control at the club’s general meeting of its shareholders in March, is now free to take up the position of chairman at Ibrox.
A fit and proper person test is not administered by the governing body but they do follow illustrative guidelines against which potential office bearers are measured.
The Scottish FA's board had to weigh up King's involvement with the Rangers oldco and his convictions for breaches of the Income Tax Act in South Africa.
A Scottish FA statement: "The scale of this due diligence is unprecedented but befitting the complexities of the consideration placed before the Board. During this exercise both Mr King and the club were fully co-operative and responded to all questions put to them by the Scottish FA.
On the basis of this advice presented to it, and having considered all submissions received from Mr King and the club in respect of this matter, the Scottish FA Board granted an approval, conditional upon further submissions from Mr King in respect of documented agreements with the appropriate authorities in South Africa.
"The Scottish FA can confirm it has now received this supplementary documentation in full and the Board is satisfied Mr King is Fit and Proper."
King pled guilty and convicted of breaching 41 counts of the act in 2013.
He agreed to pay £650,000 in fines and hand over £38.1m in assets, or else face a maximum of 82 years in jail.
He was also still on the board of directors at Rangers when the old company which operated the club went into administration in February 2012.
The company subsequently entered liquidation and sold its assets to a newco.
Paul Murray, Rangers' interim chairman, was deemed to be fit and proper by the Scottish FA's professional game board earlier this month.
Dave King expresses his delight at Scottish FA announcement
In a statement released on Rangers' website, the businessman said: "I am delighted with today’s announcement from the Scottish FA. I can now turn my attention fully to the task of re-building Rangers.
"The Scottish FA’s process has understandably been a long one given their recent negative experience with some of the previous board members, who were tasked with being custodians of the club. It was essential that I dealt fully with all of the Scottish FA’s questions and provided them with everything they required, no matter how personal, in order to prove that there were no barriers to me joining the Board of Rangers International Football Club plc.
"I always maintained I would meet the fit and proper requirements of the Scottish FA once they had examined all the evidence and that is what happened.
"I said before that I must be the most scrutinised candidate in Scottish football history but, as I also previously explained, I was happy to accept this given the importance to the club of having a board fully comprised of individuals with the club’s best interests at heart and who are all approved by the Scottish FA. We finally have that, and my colleagues on the board and I look forward to serving the club in the years to come.
"I thank the Scottish FA for their diligence in this matter and now it is time to look ahead and map out Rangers’ future. However, I will elaborate on that in the coming days because there should be no distractions ahead of tomorrow night’s match at Ibrox.
"This first leg of the play-off semi-final is absolutely crucial. I will be going to the match and I urge as many Rangers fans as possible to buy the remaining tickets to ensure a packed Ibrox. Together we can help drive the team forward."