Rangers chairman Dave King set to face contempt of court proceedings

Rangers chairman Dave King faces possible contempt of court proceedings after failing to comply with a Takeover Panel order. A document released by the independent body indicates that papers were served on King last month.The South African-based businessman has so far failed to launch a compliant offer for the remainder of the club's shares, after the Takeover Panel ruled he had acted in concert with other investors ahead of boardroom regime change in March 2015.The chairman of the Takeover Panel hearings committee, Michael Crane QC, rejecte