Source: PA
Gers fans welcome takeover approach
Rangers fans have welcomed reports that Scottish businessman Craig Whyte is negotiating a takeover with majority shareholder Sir David Murray.
It is claimed Whyte could assume control of the Clydesdale Bank Premier League champions by Christmas and take care of the club's debt, which stood at £27.1million on June 30.
Murray had taken the club off the market after talks over a deal with London-based property developer Andrew Ellis fell through, but he has remained open to a sale if he feels a potential buyer can serve the club's best interests.
And Rangers fans' representatives have given their blessing to Whyte, who has a wealth of business interests, including security services and office cleaning.
Trust board member Kenny Park said: "This appears to be a very positive development for the club and Rangers fans will welcome any initiative that stabilises the club's finances and enables it to move forward.
"We look forward to hearing further details of Mr Whyte's plans and working with him and his board as they build for the future and strive to continue Rangers' proud tradition of success."
