AN adviser to former Rangers bidder, US tycoon Bill Miller, has been accused of being "ill informed" after warning the Ibrox club "remains in serious jeopardy" if action is not taken to slash costs and increase revenues.
Jon Pritchett, chief executive of Club 9 Sports, who was advising the Tennessee entrepreneur who was preferred bidder for the Ibrox club, said they pulled out after uncovering a bleaker picture of financial mismanagement and spending than envisaged with no possible return on considerable investment.
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