Why does bill miller want rangers

It was a fairly inhospitable environment for Bill. He would have had to do a lot of things that would make him less popular. Kennedy, who had backed the Blue Knights then Miller after his own offer was rejected, held talks with Craig Whyte over the weekend about a transfer of the owner's shares to smooth any proposed takeover. Joint administrator David Whitehouse said: "Since Mr Miller was announced as preferred bidder on Thursday of last week, it is regrettable that more progress could not be made to further the sale of the cub.

We had no other unconditional bid. The time for talk is over. The club is in serious jeopardy of dying. In the meantime, Miller will continue talks with the football authorities and encouraged Rangers fans, players and McCoist to give their opinions on his plans. Ng earlier expressed frustration with Duff and Phelps as he withdrew, although he said he could relaunch his bid if no other deal was struck. A statement said: "Recent developments in the bidding process, with unwarranted and unexplained delays, have prompted our withdrawal from the bidding process.

The Blue Knights' position is unclear with former Rangers director Paul Murray, who is spearheading their campaign, saying they were reconsidering their position on Wednesday after stepping back from the process on Monday to allow Ng to complete a deal.

The administrators yesterday told Kennedy they could not accept his revised verbal offer, which he claimed to have doubled to a "double digit million pound bid". He said: "It's only my opinion but I don't think we can wait until anything like the end of May," said McCoist, who has spoken to Miller at length twice but never talked to Ng. I have to remain completely and utterly open-minded about it. Join thought-provoking conversations, follow other Independent readers and see their replies.

Want to bookmark your favourite articles and stories to read or reference later? 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. According to his profile at businessweek. As for the reasons behind Miller's specific interest in acquiring Rangers, they've yet to be announced.

I've found nothing to suggest he's a big football fan, though more details on that front are sure to come forward in next few days. The idea—according to Richard Wilson of The Herald —is to set up a new company, or " newco ," which would take on all of the clubs assets apart from the players and staff.