Rangers administration: More bidders emerge

RANGERS administrator Paul Clark has revealed more than three offers have been lodged for the club, with at least one more in the pipeline.

Sale Sharks owner Brian Kennedy and a consortium led by former Rangers director Paul Murray both confirmed they had submitted takeover proposals on Friday, the loose deadline for first indicative bids set by administrators Duff and Phelps.

Chicago-based Club 9 Sports, who have seen investment offers for Sheffield Wednesday and Tranmere rejected, and groups from the Middle East and Far East were also reported to be formulating bids.

Clark said: “I won’t name names but there are extra parties whose names have not been in the media that we have been in contact with. There are more than three bids already lodged and we expect one to be lodged early this week.

“There are parties that are keeping themselves to themselves and getting on with it.”

Clark added: “A new party appeared overnight on Thursday and they are speeding themselves along over the weekend and they expect to make a bid early next week.

“They’re not people I have dealt with before. They appear to be a credible party and we’ll see what their work over the weekend brings.”