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SBD Global/March 7, 2014/Franchises

Scottish Rangers Investor Kieran Prior Throws Weight Behind King's 'Rangers Revolution'

Scottish League 1 Rangers investor Kieran Prior has "thrown his weight" behind former Rangers Dir Dave King's "Rangers revolution," according to Gary Ralston of the Scotland DAILY RECORD. Prior will meet King, "the South African tycoon," in London next week -- and "reckons other major shareholders are ready to back his agenda for change." The "former Goldman Sachs trader's support of King" comes as the ex-pat prepares to fly to the U.K., "vowing he will not leave until he comes up with a 'definite game plan' for the future of the Ibrox club." Prior owns around 2.5% of the club and has invested £1M in the last 12 months. He is "keen to invest more and is willing to take a financial hit on his existing shareholding if it helps the club back on its feet" (DAILY RECORD, 3/6).
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