RANGERS owner Craig Whyte will not profit from the perilous financial state of the club, the administrators said last night.
RANGERS' administrators believe there is "no realistic prospect" of the club playing European football next season but remain confident the Ibrox outfit will not be liquidated.
Rangers have been all but ruled out of European competition next season after their administrators admitted there was "no realistic prospect" of them securing a licence.
RANGERS players were last night desperately holding the line on job losses at the club.
THE impasse between the Rangers players and the club's administrator is about to be breached.