Purchase of assets complete after Walter Smith's bid. Green offers Smith board post. New company is The Rangers Football Club. Charles Green will be chief exec' & Malcolm Murray chairman. Consortium wants McCoist to stay. Businessman Ian Hart not part of Green's group

Charles Green today completed his purchase of Rangers' assets - shortly after former manager Walter Smith announced an 11th-hour bid.

Mr Green completed his £5.5million newco acquisition after his Company Voluntary Arrangement was formally rejected.

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