THE future of Rangers will become clearer on Friday when offers for the club have to be lodged with administrators Duff & Phelps.

And former owner and chairman Sir David Murray says he would be happy if ex-director Paul Murray's Blue Knights consortium seizes control of the stricken Glasgow side.

Sir David revealed he has taken calls from interested parties but would not say who. Scottish businessman Brian Kennedy and groups in North America and Singapore are believed to be vying for the status of preferred bidder.

Paul Murray made a late attempt to buy the club last May just before Craig Whyte bought the club.

Sir David told The Herald: "I understand Paul Murray was keen to get the club at the time. I have nothing but respect for Paul; he's a Rangers supporter, he only wants the best for the club.

"Paul was not able at that time to give us an offer that was satisfactory, for many, many reasons. He wanted debt left in and the tax case put to one side.

"Paul is a genuine Rangers fan. I don't have a problem with Paul at all. I hope he gets it – I hope the best person for the club gets it.

"And I just hope we don't go through a repeat of what we've gone through. I got it wrong, but I hope that whatever choice is made now is the correct one.

"I know Paul is disappointed about what has happened and he's made that known to me. I accept that in the way it's meant. But I'd hope there's no ill-feeling."

It has been claimed the best interests of the club would be governed by Rangers supporters being at the helm.

But Sir David said: "Well the last two people (himself and Whyte) supposedly were and they got pilloried. The most important thing is the club survives. Not just for Rangers but for Scottish football.

"It may have to go back to a base level and build up again. It went many years without winning and it might take several years to get back."