Miller ‘moving forward’ with Rangers Bid Despite Distractions

April 24, 2012

American investor Ben Miller has insisted he is “moving forward” with his bid for Glasgow Rangers despite late opposition by Blue Knights consortium, headed by former Gers director Paul Murray. 

Duff and Phelps stated on Friday that they would look to proceed with the £11.2 million bid lodged by Miller if no other offers were forthcoming, but the new proposition by Murray has stalled talks.

Miller declared in a statement to Sky Sports: “After speaking with the administrators today I understand no other bidders have stepped up to offer to save Rangers.

“I did not ask for more time to move forward but at the request of the administrators I will wait to enter into exclusivity in order to give the Blue Knights and Ticketus more time to put an alternative offer together for the administrators to evaluate.

“As I stated on Friday if there were no other bids by close of business Monday I would begin the process of acquiring Rangers according to the plan that I outlined on Friday.”

Miller’s bid is dependent on written assurances from the Scottish Football Association(SFA) and the Scottish Professional Footballer’s Association (SPFA) that Rangers’ punishment would not continue into next term with the Scottish Premier League clubs due to vote on the April 30 regarding proposals that would see ‘newco’ clubs handed such for several seasons.

Murray added: “I will leave the administrators to determine when they want to identify their preferred bidder.

“Until then I am moving forward with my process and continuing discussions with all the relevant parties.

“I can confirm now I have had discussions today with the SFA [Scottish Football Association] and the SPFA [Scottish Professional Footballers Association] and I’ll be having discussions with Ally McCoist later today to discuss his recommendation regarding the players.”