Mike Ashley's just business, says Dave King as he takes over Rangers
New Rangers chairman Dave King insists the club are not at war with Mike Ashley - and says their troubles with the Newcastle chief are "just business".
King (below) even believes the Light Blues faithful should be "grateful" for the handouts the Sports Direct boss has given the club in recent months.
The South Africa-based millionaire was speaking at Ibrox for the first time since being passed fit and proper by the Scottish Football Association.
He will officially take to the Gers throne today when interim chairman Paul Murray vacates his role.
King said: "I would agree our relationship with Sports Direct and Mike Ashley is not great and it has to be dealt with. But I don't think it is terrible either.
"You have got a businessman who has been very, very aggressive.
"He has managed to put in place a deal which is very favourable to him.
"But it is our job to see that the club's interests are protected. It's a commercial relationship. It's really just business."
Rangers' promotion fight is on track as they boast a 2-0 lead in their play-off semi-final duel with Hibernian. The Scottish Premiership Play-off scrap continues tomorrow when the Gers travel to Easter Road (12noon).