The Blue Knights group led by ex-Rangers director Paul Murray was "surprised and disappointed" after losing out on the preferred bidder status.
RANGERS fans last night claimed they don't know enough about Bill Miller despite his grand promises.
RANGERS' players have been advised that they can leave the club for free if it becomes a "newco" despite administrators Duff & Phelps telling them their contracts would transfer automatically.
AMERICAN tycoon Bill Miller has pledged to banish the "travesty" of Craig Whyte's era after winning the race to be named the preferred bidder for crisis-hit Rangers.
THE disbelief never takes long to bubble to the surface for Sandy Jardine.