MX23RW : Friday, November 8 11:34:09| >> :120:70838:70838:

Former chairman Dave King values Rangers squad at £200m

Former chairman Dave King values Rangers squad at £200m
© Reuters
Dave King believes the Ibrox club will soon start winning plenty of silverware but warns that assets will need to be sold to balance books.

Former Rangers chairman Dave King has valued the Ibrox squad at £200million as he claimed they were on their way to establishing themselves as Scotland's dominant team.

King this week unveiled a plan to sell his major shareholding in Rangers to the Club 1872 supporters' group after stepping down from the board earlier this year.

Rangers are 11 points clear in the Scottish Premiership and King believes they will soon rack up the trophies once they end their long wait for major silverware.

King told STV: "When we came back we clearly didn't have the resources to compete. We've slowly built that up and narrowed the gap, certainly on playing terms.

"We're top of the league on merit and if we can win the league this year, I don't think that will be a one-off.

"I think Rangers can get back to being the dominant team in Scotland."

King claims the investment by directors and others to build up Steven Gerrard's squad means selling players will be "essential" come next summer.

But he feels there are plenty of assets with the likes of Ryan Kent and Alfredo Morelos attracting interest in recent months.

"The last couple of years, we were not a successful club, we were a catch-up club," he said.

"We were investing – I stated this at each AGM – in resources way beyond the expected return to bridge the gap.

"But once you get back up there you can't continue doing that so we have to become a trading company.

"I think we do have assets – for the first time – that we can trade. That's going to become a key part of the manager's job going forward, how to get resources out for value, bring resources in and not weaken the competitive spirit of the team."

When asked how he would value the squad, he said: "If you were to give me a figure, I'd say it could even be as high as £200million, if you take the total squad."

ID:425139: cacheID:425139:1false2false3false:QQ:: from db desktop :LenBod:restore:3396:
Restore Data
Share this article now:
Rangers striker Kemar Roofe celebrates scoring against Aberdeen in the Scottish Premiership on November 22, 2020
Read Next:
Steven Gerrard hails Kemar Roofe's fitness levels
>
rhs 2.0
Today's games header
FT
Bengals
34-35
Ravens
Tables header RHS
TeamPWDLFAGDPTS
1Celtic109102932628
2Aberdeen109102091128
3RangersRangers10613158719
4Dundee UnitedDundee Utd114431513216
5Motherwell105141313016
6Dundee113351720-312
7St Mirren123361521-612
8Kilmarnock113351523-812
9Ross County122641018-812
10St Johnstone123181525-1010
11Hearts122371419-59
12Hibernian111551016-68


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!