The Rangers administrator yesterday delayed naming a preferred bidder for the club. Duff and Phelps said on Friday it would proceed with the American Bill Miller's £11.2m bid if no other offers were forthcoming.
The Blue Knights, led by former director Paul Murray, returned to the table but David Whitehouse, of Duff and Phelps, said: "Neither party has made an offer that is capable of acceptance."
Ally McCoist, the Rangers manager, said: "It has been a frustrating time for everyoneassociated with the club but I would ask our fans to stick with us for a few more days as we should have a clearer idea of where we are."Reuse content