FORMER Rangers director Dave King launched a war of words with Newcastle United owner Mike Ashley.

The South Africa-based businessman claims the Sports Direct tycoon snubbed an invitation to meet with him about proposed investment at the Irbox club.

King has tabled a £16million offer to help the crisis-hit club. However, in return for the much-needed cash boost, he wants control of the Rangers board.

Ashley recently increased his stake in Rangers and has a firm grip on the club's retail and merchandise deals, as well as a naming rights agreement for Ibrox.

King, 59, issued a statement, which read: "I attempted to meet with Mr Ashley on my visit, but neither he, nor his colleague, Mr Bishop, acknowledged my request.

"This is their right, but is unfortunate given the present concerns from supporters that Mr Ashley is using his shareholder status to put pressure on the board."

King has now returned to South Africa without reaching a deal with the Ibrox board, despite a series of crunch talks in Glasgow.

He added: "We wish to appoint an equal number of members to the board and have the key say regarding the appointment of the chairperson.

"We will not invest funds and let the existing board determine how these funds are spent."

Last month, Ashley doubled his stake in Rangers, giving him 8.92% of the operating company, just short of the 10% dual ownership limit agreed with the Scottish FA.

In order to push his plan through, King needs support of 75% of Rangers' shareholders.

Sandy Easdale, holds the voting rights on more than 26% of the total shares, meaning his support will be needed.

King added: "Sandy Easdale has apparently engaged constructively including highlighting some concerns.

"I have responded to these concerns in writing.

"He will now consult with his co-shareholders and hopefully revert soonest so that we can proceed to agreement and the earliest possible implementation thereof."

rebecca.gray@eveningtimes.co.uk