Dave King (businessman)
King, one of seven children, was born and brought up in the Castlemilk area of Glasgow.
King arrived in South Africa in 1976 after being transferred by his employers Weir Group. His meteoric rise through the ranks in the country has seen him rack up a personal fortune estimated between £800m - £1.2b. He was an adviser for the Post Office and the Reserve Bank in his early stages before stepping up with a management company that won a contract to manage the treasury operations of Umgeni Water.
On 14 June 2002 BBC News reported that King faced eleven counts of fraud when he appeared at the Regional Court in Randburg, near Johannesburg. He was alleged to owe the tax authorities over 900 million Rand: approximately £60m. King’s tax problems began after he bought an Irma Stern painting at an auction for R1.7 million in 2000. This attracted the attention of the South African Revenue Service, SARS, who were surprised to discover that King had declared a taxable income of only R60,000.
King eventually reached a plea agreement with the South African High Court where he pled guilty to 41 criminal counts of contravening the South Africa Income Tax Act and agreed to pay a fine of 80,000 Rand per criminal conviction or 3.28 million Rand in total. King also agreed, as part of the deal to drop the other 281 criminal charges he faced, to pay the Criminal Assets Recovery Account of the South African Authorities 8.75 million Rand in compensation. King was originally indicted on 322 counts including fraud, tax evasion and evasion of exchange control regulations, as well as money-laundering and racketeering. 
King joined Rangers Board of Director's as a non-executive director on 30 March 2000. He then invested £20 million of his own fortune into the club.
On 7 June 2012 King called for the rejection of the proposed company voluntary arrangement to bring Rangers out of administration. The proposal was subsequently turned down by the club's largest creditor, HMRC.
Despite losing £20 million through the club's financial collapse, King has stated a willingness to invest in Rangers again.
- "Tycoon faces tax charges" BBC News (14 June 2002)
-  Business Day Live South Africa (29 August 2013)
- "Rangers to raise record investment" BBC News (30 March 2000)
- "Dave King and Ally McCoist meet Rangers' administrators". BBC Sport. 22 February 2012.
- "Director Dave King calls for Rangers CVA rejection". BBC Sport. 7 June 2012.
- "Rangers to re-form after creditors' deal is rejected". BBC Sport. 12 June 2012.
- "EXCLUSIVE: Return of the King! He's got cash for a place on Rangers board". Daily Mail. 16 November 2012.