Rangers administrator tells takeover bidders to get serious
Monday 12 March 2012
The Rangers administrator Paul Clark has revealed takeover interest from America and the Far East and called for all potential buyers to "put their money where their mouth is".
Mass redundancies were prevented at Ibrox on Friday when players accepted wage cuts of up to 75 per cent for the rest of the season and Mervan Celik and Gregg Wylde left voluntarily. Bids are being invited in an effort to save the Scottish champions and Clark is eager to identify "serious" suitors as soon as possible.
Clark said: "What we want is to have only serious bidders left by the end of the week. So anybody who has just been talking – and there are a few out there who have done a lot of talking – we want to seek them out and, as it were, [them to] put their money where their mouth is.
"Let's get them round a table so we know how many parties we've got. I don't care how many bidders we end up with but I want to know who they are, what they are and what their worth is, so then we can have more serious conversations about achieving the end goal which is to get Rangers under new ownership."
Former Rangers director Paul Murray is reported to be putting together a proposal with his Blue Knights consortium, and expects to finalise an offer for the club by the end of the week.
Current Rangers director Dave King is also involved with that group, while Brian Kennedy, the Scottish businessman who owns Sale Sharks rugby club, has previously indicated that he made an enquiry to the administrator.
Clark also revealed that Rangers would have lost 20 players if the first-team squad had not agreed to pay cuts. The administrator said the squad would have been "decimated" to save £1m a month. "If those cuts hadn't been made, and I couldn't do the sums until now, we would have been looking at cuts of up to 20 players in total," he said.
Latest in Sport
Phil Jagielka: I may never win back England place, says Everton defender
Mario Balotelli: Staff at arson-hit Manchester Dogs' Home convinced Liverpool striker is behind five-figure donation
Rio Ferdinand mocks Jamie Carragher's Liverpudlian accent... but Liverpool man hits back at Londoner
Colombian women's cycling team kit that makes wearer appear naked is branded 'unacceptable' by UCI president
Just like Cristiano Ronaldo and Manchester United, Gareth Bale says he hopes to return to Tottenham 'one day'
- 2 Friends 20th anniversary: Alison Jackson photographs reunited cast
- 3 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Free U2 album: How the most generous giveaway in music history turned into a PR disaster
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Scottish independence: The Queen breaks silence on referendum debate – as think tank warns of £14bn black hole if Scotland votes Yes