Rangers bidders still in running

RANGERS ADMINISTRATORS Duff and Phelps have confirmed all three bidders wish to remain in the running to purchase the club despite…

RANGERS ADMINISTRATORS Duff and Phelps have confirmed all three bidders wish to remain in the running to purchase the club despite proposed changes to Scottish Premier League rules.

However, there have been changes made to the conditions attached to their bids, including a request for access to the football authorities to seek “greater clarity” on the SPL resolutions.

Former Ibrox director Paul Murray’s Blue Knights, a Singapore consortium fronted by Bill Ng and American tycoon Bill Miller, are all vying for control of the stricken Glasgow giants.

The proposals, which will be considered by the 12 top-flight clubs on April 30th, will mean tougher sanctions for clubs who go into administration in future or face the prospect of liquidation.

READ MORE

If Rangers are liquidated, a “newco” would be deducted 10 points for two seasons if accepted straight back into the SPL and league payments would be slashed by 75 per cent for three seasons.

Paul Clark, joint administrator, said: “We can confirm that all three parties have informed us today they wish to remain in the sale process.”