Whyte confirms interest in Rangers

Rangers
12 April 2012

Scottish tycoon Craig Whyte has confirmed he is considering making an offer to buy Rangers.

The 39-year-old businessman is in talks with Murray International Holdings regarding a proposed takeover.

Whyte says talks are at an early stage and a formal offer for the Scottish champions has yet to be made.

A statement released to the Stock Exchange read: "Craig Whyte notes the articles in Thursday's press regarding discussions between him and Murray International Holdings Limited with a view to him acquiring MIH's majority shareholding in Rangers Football Club Plc.

"Mr Whyte confirms that he is considering making an offer for RFC and is in talks with MIH but that these are at an early stage and there can be no certainty that an offer will ultimately be made.

"Mr Whyte has not yet approached the board of RFC.

"A further statement will be made in due course."

A statement from Rangers read: "The board notes the announcement released on behalf of Craig Whyte.

"The board confirms that it has been advised by Murray International Holdings Limited that it is in early discussions with Craig Whyte regarding the acquisition of MIH's majority shareholding in Rangers Football Club plc.

"The board will keep all shareholders informed of further developments."

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