Potential Buyers Circle Rangers

26 Oct 2009 | tshego
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Glasgow Rangers have confirmed that they have received ‘tentative enquiries’ regarding the sale of the club but have yet to receive a formal offer.


The club, who are about £25m in debt, are being run by Lloyds Bank and are up for sale following Sir David Murray’s decision to step down as chairman.


In a statement, Rangers also said they would not have to sell any players in the January transfer window.


‘For the avoidance of doubt, and due to recent media speculation, the club can confirm that while there have been tentative enquiries regarding the sale of the club, there are none that have realised an offer,’ Rangers said.


‘As stated by Sir David Murray, it’s not necessarily about price, but the new owner having the capability to take Rangers forward that remains essential.’


The club highlighted a statement by Lloyds, which: ‘recognises the importance of Rangers Football Club to its supporters, shareholders and the wider football industry in Scotland.


‘The bank continues to be very supportive of both the club and the board as they manage the business through the more difficult economic conditions currently prevailing’.’

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