He first joined the Rangers board as a non-executive director in March 2000 and made a massive financial investment of £20million in the club, which was then run by Sir David Murray.
In 2012, he called on shareholders to vote against a company voluntary arrangement (CVA) in a bid to save the then ailing club.
But King lost his entire stake in the club due to Rangers’ financial collapse and eventual liquidation after Craig Whyte bought the club.
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