So Rangers looks set for ownership by a tow-truck tycoon from Tennessee. The announcement about Bill Miller being named as preferred bidder came only four hours after Sir Mervyn King, the governor of the Bank of England no less, was lured into commenting on radio about the financial problems at the Ibrox club. He said: [...]
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Rangers’ administrators say they understand Bill Miller has been given assurances that the club will continue in the Scottish Premier League. The American businessman has been granted preferred bidder status and hopes to complete his takeover by the end of the season. He aims to form an “incubator” company that would see the assets of [...]
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The Blue Knights consortium that has failed to become Rangers’ preferred bidder is “surprised and disappointed” that rival Bill Miller has been chosen. In a statement the group warns about the “complexities” of Miller’s newco Rangers plan to exit administration. It added: “The likely loss of European football for a minimum period of three years [...]
Continue reading …Rangers’ administrators have granted Bill Miller preferred bidder status and hope the club will be in his hands later this month. The America-based businessman announced plans to form an “incubator” company that would see the assets of Rangers transferred to a new company. Miller’s initial bid was dependent on the Scottish football authorities not imposing [...]
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A man has been arrested in connection with racial abuse directed towards Rangers player Kyle Bartley on Twitter. The football club complained to police on Sunday, claiming the 20-year-old defender, who is on loan from Arsenal, was abused on the social networking site. It came hours after the Glasgow side was defeated 3-0 by rival [...]
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Rangers, it seems, are ploughing towards liquidation as surely as the Titanic towards the iceberg. To escape would be miraculous: but I fear the end is nigh. Quite the biggest story in the history of the Scottish game has triggered emotions which range from the grief and anger of the Ibrox support to the dark [...]
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THE men who run the Scottish Premier League will file into Hampden this morning and decide on what will happen the next time it all goes wrong. What’s billed as a discussion and votes about “financial fair play” basically amounts to establishing the guidelines for crisis management. It’s about what to do the next time [...]
Continue reading …Rangers manager Ally McCoist admits the liquidation of the Glasgow club is an ever more likely prospect. The club’s administrator has yet to name a preferred bidder, with working capital only in place to keep the club going until the end of the season. “I would have to say that looks more of a possibility [...]
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Celtic proved themselves with a convincing win over the troubled, administration-hit Rangers side they deposed. Rangers had started brightly, but they looked a dispirited bunch from the moment Charlie Mulgrew dived unmarked to head Celtic into a 17th-minute lead. Kris Commons chipped over goalkeeper Allan McGregor on the break to extend the lead on 31 [...]
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Police have appealed to Rangers fans to “protest peacefully” during a march to Hampden. The demonstration has been organised to draw attention to the football club’s plight. Some supporters believe the Scottish football authorities should have acted sooner to prevent the Ibrox club ending up in financial crisis. The march will start at 13:30 at [...]
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