As the shareholders and fans have already shown they appreciate, the new man in charge of Rangers is someone who knows the club very well.
Dave King has spent his life supporting the team, and is a former director who was on the Board when I was Director of Football.
At least, I think he was!
I never knew for sure because Craig Whyte never held any Board meetings.
It sounds bizarre, but it was true. John Greig, John McClelland and Gary Withey were directors. I knew that because they used to come in to Ibrox. But while I understood King was also on the Board, I couldn’t be sure in much the same way I never knew what Whyte himself was up to.
That contrasts with the transparency that can be expected under the incoming regime.
All the focus has been on King. That’s understandable because he is the man who is going to be leader. But it is wrong to ignore the strength of the team he has assembled for the challenge ahead.
Paul Murray is an ex-Rangers director, who has the best interests of the club at heart, while John Gilligan, a former Managing Director of Tennents, also has excellent business credentials. Add in the Three Bears George Letham, George Taylor and Douglas Park and you have an impressive collection of individuals. Which is good because there is much work to be done to restore Rangers.
The relationship with Mike Ashley and Sports Direct has to be addressed straight away, something King has acknowledged.
I’ve said repeatedly that I believe working in commercial partnership with Ashley to be the best way forward, and that remains the case.
Under exactly what terms needs to be thrashed out.
The team that goes out on the pitch every Saturday is, of course, always going to be a key part of the future.
It is their performance which will do so much to determine the operating revenue Rangers can rely on.
A successful side playing entertaining football and winning games can help fill Ibrox, and generate the cash to help drive the rebuilding process on.
I don’t expect to see any rush to appoint a new manager, though.
For now I will be interested to see what they do with Kenny McDowall. Might he not be happier working under the new regime?
The new regime might galvanise a group of players only too aware they are fighting for their futures?
More so now than ever.
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