Mr Ellis is believed to be heading a consortium interested in taking control of the Scottish Premier League side, which is in debt to Lloyds Banking Group to the tune of around £30m.
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Tycoon’s £33m bid to buy Rangers
A London-based property developer has made a £33 million offer to take over Rangers Football Club. The Herald can reveal 41-year-old Andrew Ellis lodged a bid for the Ibrox side on Monday through a company called Marlborough Investments.
