DAVIE RAE MAY STILL SELL HIS QUEENS SHARES
David Rae rejected a seemingly hostile bid for his 26% holding of Queen of the South shares on emotional grounds and hopes his family will inherit his shares. A bid was made from a Preston based consortium who seemingly were willing to inject money into the club and set up a Youth Academy. There was enormous speculation in the press and on line as to various merits of the bid and also the growing suspicion as to why parties from Preston were willing to invest in Queens.
Speaking on Radio Solway this morning Mr Rae however indicated that he could well entertain a bid for his shares from interested parties in Dumfries and Galloway who would be willing to invest in the club.