Kennedy out of race to buy Rangers

 

Friday 30 March 2012 07:05 EDT
Comments
Rangers' home ground, the Ibrox Stadium in Glasgow
Rangers' home ground, the Ibrox Stadium in Glasgow (Getty Images)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Brian Kennedy is no longer in the running to buy Rangers. Kennedy is understood to have been told by Duff & Phelps that his bid was too low. Kennedy said: "I was only going to get involved for the good of the club. I am glad the process is moving on and I hope the administrators go with the Paul Murray/Blue Knights bid."

Administrators are hoping to name a preferred bidder, possibly next week, after receiving a fifth offer, from a Singapore-based consortium.

The Scottish Football Association yesterday adjourned its hearing into Craig Whyte and Rangers after the former owner's lawyers asked for more time to prepare a case. The hearing will take place from 17-20 April.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in