• Text size      
  • Send this article to a friend
  • Print this article

Mastermind in Celtic takeover says Rangers can survive

RANGERS could still be saved and sold at a bargain price, the financial analyst who plotted the 1994 takeover of Celtic said last night.

The Ibrox club's move into administration has intens-ified fears about its future but David Low, who helped Fergus McCann oust the Parkhead board, said he believes Rangers have a future beyond the current crisis.

Duff and Phelps, a London-based company, were appointed as administrators yesterday, triggering a clause that means the 6807 fans who bought debentures in the club deck at Ibrox in 1990, at prices ranging from £1000 to £1650, are due their money back.

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.