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American truck tycoon closes in on £11m Rangers takeover
PROSPECTIVE Rangers owner Bill Miller has vowed to make the club live within its means – “no excuses” – if, as expected, he seals a £11m takeover of the financially stricken Scottish side next week.
Administrators made Miller preferred bidder yesterday after the American tycoon removed conditions from his offer, raising hope that Rangers will avoid a further points penalty and overturn their transfer embargo.
Miller said: “Rangers will be managed with fiscal discipline such that the club not only conforms to Uefa Financial Fair Play regulations but also such that Rangers will never have to suffer this kind of anguish again. From now on, Rangers will live within its means – no excuses.”