Source: Team_Talk
Gold rules out bid for Rangers
The Glasgow-based club are reported to be struggling under the weight of debts totalling some £30million.[LNB]Investment is now sorely needed in order to prevent the crisis from deepening.[LNB]It is believed that exiled Scottish businessman Dave King is the leading contender to replace David Murray at the Ibrox helm, but he is facing a series of tax-evasion charges in South Africa.[LNB]Former Birmingham chairman Gold, who recently sold his share in the Blues to Carson Yeung, had also been touted as a potential bidder.[LNB]However, he has ruled himself out of the running, claiming he has no intention of turning his attention to Scottish football.[LNB]"It has never crossed my mind to buy into Rangers," he said in the Evening Times.[LNB]"It makes sad reading to see the financial difficulties they are suffering."[LNB]Gold believes the Gers' current woes are the result of a deep-rooted problem engrained in Scottish football which will prevent SPL clubs, in particular Celtic and Rangers, from rediscovering the glory days of their past.[LNB]"I think the good times are over for the Old Firm," he said.[LNB]"They will sometimes play to packed housed and will still go head-to-head for the SPL title. But their fans won't be watching the standard of player they once had."[LNB][LNB][LNB]
