Progress made on Gers bids

Rangers’ administrators expect to know today whether a deal can be done to safeguard the future of thebeleaguered club by the end of this week.

Progress made on Gers bids

Duff and Phelps are evaluating three offers for the Glasgow giants after American tycoon Bill Miller withdrew his offer on Tuesday despite being granted preferred bidder status ahead of a rival bid from Brian Kennedy and the Blue Knights consortium.

Two of the three bidders are new to the process, said co-administrator David Whitehouse of Duff and Phelps, who remains optimistic of progress before Rangers play their final match of the Scottish Premier League season at St Johnstone on Sunday.

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