• Bid would ensure administrators take club through CVA
• Miller wants Duff and Phelps to 'make sick patient healthy'
Bill Miller has unveiled plans for an £11.2m bid for Rangers which would create what he described as an "incubator" company while Duff and Phelps bid to take the club out of administration through a Creditors Voluntary Arrangement.
In a statement released on Friday afternoon US-based Miller revealed he would suspend his offer until Monday to allow other bidders to "put up or shut up".
After deciding a straight CVA would be too risky and prolonged, Miller claims he has found a new solution.
The American businessman said: "In order to preserve the club's history, records, championships and assets, I will put the heart of the club into an 'incubator' company while Duff and Phelps works to make the sick patient healthy through a CVA process that effectively works to radiate the toxicity of past administrations' sins out of the patient while the healthy heart is preserved and moves forward." Read More
انسخ الكود التالى و ضعه فى موقعك او مدونتك.
