DAVE KING has claimed the Rangers takeover is now ‘90 per cent’ complete - and believes a deal with new US investors could be wrapped up by mid-June.
King has also warned that a major overhaul of the playing squad will be required if Rangers are to compete with Celtic next season.
Rangers are locked in talks with a consortium headed by healthcare tycoon Andrew Cavenagh and 49ers Enterprises chief Paarag Marathe.
US investors' takeover of Rangers is 90 per cent complete according to Dave King
Former chairman Dave King expects the new regime to be in place by June
The Americans were in Glasgow last week when they received a tour of Ibrox and the club’s training facility at Auchenhowie.