Rangers who is bill miller

But despite their grand tradition and widespread affection, Rangers have struggled to balance the books in recent years. The points deduction cost Rangers their shot at winning the title this season, leaving their great rivals Celtic clear to stroll home and heap further misery on the Gers' distraught fans. Whyte was good to his word, but it turns out he covertly used proceeds from future ticket sales to clear what was owed.

Taxes eventually caught up with Whyte and Rangers. Among the interested parties so far have been a consortium backed by fans called "The Blue Knights" and a Singaporean group fronted by businessman Bill Ng. But it appears Miller's bid is now in pole position. This from Rangers' official website :. After weeks of negotiations and discussions, the administrators have announced that the hugely successful American businessman now has the opportunity to complete a purchase for the club. We would like to thank all parties for their efforts in seeking to submit bids which preserve the long history and success of the Club.

We are delighted to announce that today we have received an unconditional bid for the business and assets of Rangers Football Club plc from Mr Bill Miller which has been accepted and he is now the preferred bidder.

Mr Miller now proposes to complete his transaction by the end of the season. Not much seems to be known about Miller outside the fact he is chairman of Miller Industries , who bill themselves as "the world's largest manufacturer of towing and recovery equipment. Yet the club face a race against time to find new ownership, with existing funding secured only until the end of this season. The Blue Knights consortium, in conjunction with the Sale Sharks owner, Brian Kennedy, remain in the frame but Duff and Phelps have said that group needs to up its funding promises in order to satisfy Rangers' creditors.

David Whitehouse, Rangers' joint administrator, said: "Given the fact that Mr Miller did not enter into an exclusivity agreement, we informed all other known potential bidders at the time the door was not closed.

As a consequence of Mr Miller's bid being accepted, three other bidders have come forward to express their interest in buying the club and these offers are being evaluated with the utmost urgency. There is every opportunity for these bidders now to complete the purchase of the club prior to the end of the season. Log in. Forgotten your password? Want an ad-free experience? View offers.