Rangers takeover: Craig Whyte and Charles Green arrested

Former Rangers owner Craig Whyte has been arrested by police. Picture: Ian Rutherford

Mr Green, 62, arrived at Livingston police station in West Lothian earlier today, where he was understood to have been interviewed by officers about his time at the Glasgow club.

The businessman took control at the Ibrox club in 2012 after completing a purchase of Rangers’ assets and business after it went into administration and liquidation earlier that year. He stepped down as chief executive in 2013.

Mr Whyte, 44, who took control of Rangers in 2011 before the club entered administration, attended a police station in Glasgow later in the day for questioning.

Charles Green arrives at Ibrox Stadium in 2012. Picture: HeMedia

A spokesman said: “Police Scotland can confirm a 44-year-old man has been arrested and is presently detained in police custody in connection with an ongoing investigation into an alleged fraudulent acquisition of Rangers FC in 2012.

“A report will be submitted to the procurator fiscal.”

An earlier police statement said a 62-year-old man had been arrested and detained over the same investigation.

A third man, understood to be former Rangers co-administrator David Whitehouse, was also arrested after being detained in England.

Police said in a statement: “Following a Police Scotland operation on Tuesday, a 50-year-old man has been arrested in connection with the ongoing investigation into the alleged fraudulent acquisition of Rangers FC in 2012.

“Around 6am officers from Police Scotland’s economic crime unit, assisted by officers from Cheshire, attended at an address in England and detained the 50-year-old man.

“He has now been arrested and is presently detained in police custody.”

All three men are expected to appear at Glasgow Sheriff Court on Wednesday.