By John Mcgarry

PUBLISHED: 20:52 EST, 8 March 2012 | UPDATED: 20:53 EST, 8 March 2012

When Dave King opined on Wednesday that the liquidation of Rangers was now 'inevitable', the task of saving the club from going under seemed akin to doing a jigsaw puzzle while blindfolded.

Whether the Rangers director simply saw no reason to hide his honest opinion any more or was attempting to light a fuse under someone, only he will know.

Regardless of his motives, he will have felt the shockwaves emanating from his powderkeg message all the way back to his temporary base in China.

Sign of the times: Rangers are in crisis and are fighting to save themselves from liquidation

As ashen faces digested the words throughout the world, perhaps for the first time the prospect of the club actually ceasing to exist in the near future finally hit home.

A man who has built up a reputed personal fortune of 200million in South Africa, King could scarcely be accused of being naive. It's just conceivable, though, that the man who made the doomsday prediction did so without being privy to everything that is currently going on behind the scenes.

Yet, for all the journey to a safe harbour still has a long way to go, Rangers are by no means holed below the water line.

Indeed, developments on Thursday and several that look set to come to fruition in the coming days, can only be seen as positives by Paul Murray and other interested parties as they seek to successfully take over the club.

Continue reading here:
EXCLUSIVE: Anatomy of a rescue plan - Rangers administrators are close to a deal