Former Sheffield United CEO Close to Rangers Takeover

By Community | May 11, 2012

A group led by former Sheffield United chief executive Charles Green is close to completing a takeover bid of Rangers FC, link according to the BBC.

The group has links to Singapore but little is known of the group. They entered the bid race late last week when Bill Miller opted out of his bid.

 

Green quit the blades a year after their floatation in 1997 and re-emerged in football shortly after as chairman of the football agency Proactive Sports. The Cheshire-based firm had a number of leading stars on its books, order buy | including Andy Cole, doctor Stan Collymore and Wayne Rooney.

 

But Green left Proactive in 2003 and has since held a number of directorships at medical science firms. He is currently a non-executive chairman of the Singapore-based Nova Resources Ltd.

 

There are currently four parties with bids on the table for Rangers, who have been in administration since February 14, and a decision on which bid will be accepted is expected on Saturday.

 

Singaporean businessman Bill Ng had previously bid for Rangers and was understood to have re-entered the fray after American Miller dropped out of the race.

 

Paul Murray earlier today confirmed the Blue Knights have withdrawn their bid to buy Rangers.