Takeover bid will be resolved soon - Johnston

01 April 2011 11:31
Rangers chairman Alastair Johnston claims Craig Whyte's takeover bid will be resolved "one way or another" in the next 48 hours. Johnston spoke to the media at Ibrox on Friday morning after the club posted their interim financial figures, which showed a retained profit of £11.9million for the six months to December 31. Whyte completed his due diligence of the club accounts earlier this week after first announcing in November that he was in discussions with majority shareholder Murray International Holdings. When asked if he had a good feeling about the deal, Johnston replied: "I won't speculate on that but we will know one way or another in the next couple of days."

Source: PA