Blue Knights submit revised offer for Rangers

Monday 30 April 2012 11:37 BST

Rangers' home ground, the Ibrox Stadium in Glasgow (Getty Images)

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Sale Sharks owner Brian Kennedy and the Blue Knights have confirmed they have submitted a "revised bid" for Rangers with administrators Duff and Phelps.

Kennedy and the Blue Knights consortium - fronted by former Ibrox director Paul Murray - are in the running for a takeover of the stricken club, with American tycoon Bill Miller another bidder.

Administrators confirmed they had received formal offers from both interested parties on Friday.

Kennedy's spokesman said: "Brian Kennedy has asked me to advise you all that a revised bid has been submitted to the administrators."

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Blue Knights submit revised offer for Rangers

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