When asked for comment Mr King praised the foresight of Club 1872 in paying way over market price for Gers confetti , but they know , he continued , '' that I share their view of the Club's future and ...'' at this point the giggling from Mr King made the rest of his comments unintelligible .Rangers fans group Club 1872 has purchased a further 350,000 in Rangers International Football Club plc. The supporters collective currently has just over 5 per cent of the shares in RIFC but its long-term target is to reach a minimum of 25 per cent, with former Ibrox chairman Dave King set to hand over his majority shareholding to the organisation in the near future. (The Scotsman)
A spokesperson for Club 1872 re-iterated their belief in the integrity that Mr King has shown in his dealings with them and was adamant that they would gain sufficient shares to put a member on the Board .
They outlined their strategy for this long term goal and confirmed that a previously unnamed billionaire investor , Mr S. Claus ,was keen to underwrite their venture .
Mr Claus , who lives abroad , was unable to be contacted .