Singapore businessman Bill Ng was looked at as one of the clubhouse leaders for the new ownership for Glasgow Rangers...
He's not any more...
Concerned over the "deliverability of shares on offer" Ng is removing his Singaporean consortium from consideration, which now leaves only American businessman Bill Miller to talk things over with administrator Duff and Phelps.
Here's the new special report on the status of Rangers with Alex Thomson on just how in debt Rangers are...
((HT: Channel4 Scotland))
Brian Kennedy and his Sale Sharks group said they had put another bid together, but D&P turned it away saying that the new paperwork hadn't been filed in the first place.
The hook with the Miller group is that he apparently favors liquidation since debts could reach 135-million pounds. That would create another new group of headaches- players could walk without Rangers being compensated, Rangers starts the season with a 10-point deduction, and they would only get 25-percent of their normal league revenue share.
Miller's plan in full thought is hyah, thanks to the Daily Mail...
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