Miller sees role for McCoist

07 April 2012 09:17

American businessman Bill Miller claims manager Ally McCoist would be central to his plans if his bid to save Rangers is successful.

The 65-year-old, who owns a business making tow trucks and recovery equipment, is one of the three contenders to secure Craig Whyte's shareholding at the administration-hit Ibrox club along with the Blue Knights, headed by former Light Blues director Paul Murray, and Bill Ng's Singapore consortium.

"I will be speaking with Ally and he clearly fits into my plans for the future of Rangers," Miller told a number of newspapers. "I believe my plans are the best for Rangers Football Club's long-term success."

He added: "I can assure you that I would not be interested if I did not have the best interests of the fans, team and club at heart.

"My aim is to save the club, put it on a stable footing - making profits and not losing money so it qualifies for European competition - and ensure it can have a strong future to match its history."

While administrators Duff and Phelps are keen on Rangers exiting administration through a CVA (company voluntary agreement), with potential debts of £134million there remains real fears that the club could be liquidated.

But Miller claims his bid is structured around ensuring Rangers exit administration through a CVA, and he said: "My preference is a CVA exit. It has not been determined yet as to how this or another structure may work.

"I am working with the administrators and lawyers to find a creative solution that protects the history and future of the Rangers but does not have the club hampered by large amounts of debt going forward.

"Any Rangers fan should be alarmed by this (potential debt). It totally hampers the club's ability to be successful in the future.

"It is my intention to clean this up. Any time you negatively affect the future revenues by mortgaging the future of a team, you are endangering its very survival."

Source: PA