Dave King revealed South Africa’s authorities have scuppered his plans to stay on as Rangers chairman and lead the club’s response to the coronavirus crisis.
Johannesburg-based King says he planned to delay his departure from the Ibrox board in the wake of the global pandemic.
But the 64-year-old has now been forced to leave his deputy – motoring group tycoon Douglas Park – to steer the Light Blues through the turbulent months that now await after he was ordered to enter a 14-day period of self-isolation on his return to the Southern Hemisphere from a visit to Glasgow earlier this month.
King has also confirmed that plans to bring in a fresh round of investment have also been put on hold while the club survey the scale of the damage done to football’s finances by the current shutdown.
The Castlemilk-born businessman first announced at the club’s AGM in November he would be giving up the role to focus on his interests back in South Africa.
In a statement confirming the end of his five-year tenure, King wrote: “I thank…