• Kennedy to 'reflect on his own position' regarding bid
• 'We could see a padlock on the gates of Ibrox'
Brian Kennedy, the Sale Sharks owner, will "reflect on his own position" after expressing his fears over the future of Rangers following Bill Miller's decision to withdraw his offer for the club yesterday.
Miller, an American tycoon, was granted preferred bidder status last Thursday ahead of a rival bid from Kennedy and the Blue Knights consortium but has told administrators he will not pursue his interest further.
Duff & Phelps are now evaluating three other bids for the Glasgow club – which do not yet include a fresh offer from Kennedy.
"Words fail me," Kennedy told the Daily Record. "All my worst fears are coming to pass. In the meantime, I am reflecting on my own position.
"I'm not trying to be a smart ass here. This was a clear sequence of events. I could see it, every Rangers supporter could see it was likely to unfold.
"And yet here we are, in an even more perilous position than ever. My worst fear is that we could see a padlock on the gates of Ibrox.
"I don't give a monkey's about the Americans pulling out. I care about the damage that has been done in between and where it will all lead to.
"When someone predicts a sequence of events 'A, B, C, D and E', and when 'A, B, C, D' happens then you've got to think there is a good chance 'E' will happen too.
"If anyone is going to step up and do something then they'd better do it soon. I will reflect on this and will be talking to those who were considering investing with me." Read More
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