Whyte driven by Rangers passion

10 May 2011 09:00
Craig Whyte claims his passion for Rangers was his main reason for buying the club. Whyte finally completed his takeover of the Scottish champions on Friday when he acquired Sir David Murray's 85% shareholding. The deal involved wiping out the club's debt of around £20million and pledging £25million over five years to invest in the squad. Describing the motivation behind the buy-out, which took six months to conclude, Whyte said: "I'm a passionate Rangers fan and I have been since I was a boy. "I also see a great opportunity. Rangers are a tremendous worldwide brand and I think there are many commercial activities that can be expanded on. "I'm a fan first and foremost and that's the main reason for buying the club. It's a very exciting time, I'm very proud to be the owner of Rangers Football Club. It's a fantastic institution and it's very exciting."

Source: PA