Rangers administrators to consider three bids

Rangers’ administrators Duff and Phelps will give further consideration to three of the four bids submitted for the club yesterday.

As well as a bid from the Blue Knights and Ticketus, it is believed other offers lodged before the 5pm deadline were from groups based in Germany, Singapore and the United States.

Administrators have now indicated they are no longer considering one of those proposals, while reiterating their belief that an exit from administration before the end of the season is “achievable”.

David Whitehouse, joint administrator, said: “Following the outcome of the bidding process, I can confirm today that we will be considering further three of the four bids submitted yesterday.”