FORMER Rangers owner Craig Whyte is facing bankruptcy and the loss of his Highland castle home after the Scottish Football Association launched legal proceedings to sue him over a £200,000 unpaid bill.
Charles Green, the Rangers chief executive, has reiterated that while the financial situation at the Ibrox club is more stable, plans still need to be put in place to cope with the prospect of suffering "seven years of famine".
RANGERS FC have condemned "malicious" attacks on the club's future in a row surrounding a proposed winding-up order from an investment firm over a £400,000 debt.