BREAKING: Rangers Reject £18m Club Takeover Offer

Rangers has rejected an £18m bid to take a controlling interest in the club on value grounds as it seeks to arrange new finance, according to Skynews.

American financier Robert Sarver, behind the Phoenix Suns basketball team, had offered an additional sum to buy out existing shareholders should a deal be agreed.

The Scottish Championship club added that its directors did not believe it was necessary to hold a general meeting, as Mr Sarver had proposed, to discuss the offer.

 

Details to follow

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