Scottish club Rangers - forced into
administration in February and docked 10 points - have received
four firm offers for a takeover and one could be accepted next
week, administrators Duff and Phelps said on Wednesday.
"I can confirm we have received four bids by close of
business today," joint administrator David Whitehouse said in a
"The bids are structured in various ways but I would
describe them as positive and constructive. The administration
team will now analyse these bids over the forthcoming days and
hold discussions with relevant parties to gain further
understanding of the details of their bids.
"It will be our intention to accept an offer next week and
this will be followed by a period of due diligence and
He added that the Glasgow club could come out of
administration by the end of the season.
Media reports have said the Blue Knights consortium led by
former Rangers director Paul Murray is among the four bidders.
Rangers were forced into administration after running up
nine million pounds in unpaid taxes since
Scottish businessman Craig Whyte took an 85 percent stake in the
club last May.
Founded in 1872, they have been domestic champions 54 times,
a world record, including for the last three seasons and won the
old European Cup Winners' Cup in 1972.
Despite their points deduction, Rangers are second in the
Scottish Premier League, 18 behind leaders and city rivals
Celtic who can win the title this weekend.
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