Dave King makes one thing about new Rangers owners crystal clear as he has word of 'caution' for expectant fans
King expects rapid improvement but warned fans the spending will be disciplined and patience will be required
Dave King believes Rangers' new owners are intent on establishing a fresh era of Ibrox dominance - but warned fans they will have to be patient as Andrew Cavenagh gets down to work.
The former chairman handed over his 14 per cent stake in the club to US health insurance tycoon Cavenagh and his partners from the San Francisco 49ers last week.
The American consortium now hold a majority stake in the club after completing their £75million takeover and have already announced plans to plough an additional £20million into the club to kick off an overhaul of the Gers squad.
That cash injection will go a long way to upgrading a team that finished a whopping 17 points behind Celtic last season.
And King is convinced this is the beginning what will eventually become a golden age for the Light Blues.
He said: 'I've said it before and I'm going to say it again so there's absolute clarity — I would not be introducing Andrew and the 49ers if I did not believe they were the right people to take the club forward.
'I really do believe they're the right people.
'Where I would caution is, they're going to do it in a disciplined, stable manner. So if supporters have got a sense that all of a sudden they're going to come in and spend vast amounts of money and have a team that runs away with the league next year and qualifies for Europe, I think that's over-ambitious.
'What we should start seeing is a coherent plan, to see better communication with supporters.
'And they are coming in with a commitment not just to win a league title, but to make Rangers the dominant force in Scotland.
'That is what this project is about. It's not about winning one or two titles.
'It's about the next 10, 20 years and I think that's why I'm excited about it, because I think they are the right people.
'We know they've got the resources to do it. They will not waste the resources. They're smart, clever business people.
'They've done a great job with Leeds, if you look at the numbers. Things like the commercial revenue, I think they've quadrupled it over four or five years.
'They understand football. They understand all of the other things, the gaming side, the media side, all of the things that are important if you're going to be a modern football club.
'And if we're going to continue to have to operate in the markets that we want to operate in and be successful in Europe we need that. That's why I'm excited.'
There's plenty of work to be getting on with at Ibrox and not a second to waste. There's only 50 days remaining until Gers kick off the new campaign with a vital Champions League qualifier and the club have yet to announce Philippe Clement's replacement as boss.
Davide Ancelotti remains the frontrunner and could be confirmed as early as today if final talks progress swiftly. And King is optimistic for the future.
He said: 'I think we're going to see a fairly quick improvement. I think it's going to be a steady, ongoing improvement. But what we shouldn't be expecting is everything to turn around in one transfer window.
'I'm just hoping that the supporters understand that. I think we'll all expect to see a far better quality of player coming in than is going out.
'Part of my frustration is we've brought guys in and all of a sudden he's not fit yet or he needs more time.
'The league is a third gone and we're still waiting for players to put their shirt on for the first time. You can't be doing that.
'You can't be giving away points while you're waiting for people to get fit or waiting to get ready. We need to bring people in who are ready to go.'
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