Rangers: John Gilligan on Dave King, Celtic & overseas investment

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John Gilligan is trying to steady the ship at Rangers but there continue to be more questions than answers, writes Tom English.

As a lifelong Rangers supporter, John Gilligan's natural habitat at Ibrox is his seat in the stand watching his team play or operating quietly behind the scenes from where he has contributed time and money to the club over many years.

When asked about the gap between Rangers and Celtic, Gilligan said these things happen. "Sometimes we are ahead, sometimes Celtic are ahead," he suggested. And now Gilligan, another proud Rangers man and another Rangers investor, has put his head above the parapet. Well, somebody had to.What was the point of his media conference? There was no update on the identity of a new chief executive, there was no clarity on who might be taking over from him as chairman and there was nothing of any substance about fresh investment coming into the club.

King has said publicly that £50m - a somewhat random figure - of new investment is required at the club. King has also said that he, himself, would not be investing. Lest anybody forget, Gilligan reminded us. How can Rangers live with Celtic's record fiscal position? Some supportive directors throwing in £5m here or there, or issuing soft loans, is not going to cut it. Player trading? They are barely at the foothills of that project. Champions League qualification? It is only going to get harder.

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