Rangers administrators in 'advanced talks'

Ibrox
© PA Photos
Rangers administrators claim that they are in 'advanced talks' with two parties over a takeover at the club.

Rangers administrators Duff & Phelps have confirmed that they are in 'advanced talks' with two parties over a takeover at the club.

Former Sheffield United chief excutive Charles Green is thought to be favourite to buy the stricken SPL outfit after the Blue Knights consortium had their bid rejected on Friday.

"The most important information today for Rangers supporters is that discussions with two bidding parties are at a very advanced stage and we hope to reach agreement with one at the earliest opportunity," joint administrator David Whitehouse said in a statement.

Whitehouse also hit back at Brian Kennedy after the Sale Sharks owner, who is part of the Blue Knights consortium, claimed that the administrators would have "blood on their hands" if they got their choice of preferred bidder wrong.

"For the avoidance of doubt some of the comments made at today's press conference were grossly misleading," he added. First I would state unequivocally, that every opportunity was afforded to these parties.

"The fundamental reason we could not proceed with the Blue Knights/Ticketus combination was that we were advised there was not agreement within the consortium in relation to the funding of their bid.

"Time and again he and others have been afforded the opportunity to become the best bid in play and it has not happened. We have a statutory duty to accept the best bid that is deliverable."

Rangers edged nearer to a takeover on Thursday when owner Craig Whyte agreed to sell his majority shareholding in the club.

European Championship
5pm
Luxembourg
vs
Macedonia
5pm
Ukraine
vs
Belarus
5pm
Estonia
vs
Lithuania
5pm
San Marino
vs
England
5pm
Russia
vs
Sweden
7.45pm
Spain
vs
Slovakia
7.45pm
Switzerland
vs
Slovenia
7.45pm
Austria
vs
Moldova
7.45pm
Montenegro
vs
Liechtenstein
European Under-21 Championship
7.45pm
N. Ireland U21s
vs
Scotland U21s
League One
12.05pm
Southend
vs
Peterborough
3pm
Barnsley
vs
Shrewsbury
3pm
Chesterfield
vs
Wigan
3pm
Crewe Alexandra
vs
Swindon
3pm
Fleetwood Town
vs
Rochdale
3pm
Gillingham
vs
Doncaster
3pm
Oldham
vs
Bradford
3pm
Scunthorpe
vs
Blackpool
3pm
Walsall
vs
Bury
League Two
National League
Scottish Championship
Scottish League One
Scottish League Two
Tables
TeamPWDLFAGDPTS
1RangersRangers44001431112
2FalkirkFalkirk431063310
3Queen of the South43017619
4Raith Rovers42026336
5Hibernian42024316
6Dumbarton420256-16
7Greenock MortonGreenock Morton41212205
8St Mirren402236-32
9Livingston401327-51
10Alloa AthleticAlloa4004212-100