MIH in talks with a potential buyer

Ten points clear with a game in hand, one Cup final in the bag and a home tie in the quarters in the other. Things are going pretty sweet for Rangers fans at the moment…but there is that whole money thing to worry about.

Yes, the on field story is a complete success for the Teddy Bears but the role of Lloyds Banking Group remains a bone of contention with the fans.

There has been some better news with Murray International Holdings announcing that they entered discussion about a potential takeover. London based property developer Andrew Ellis has been cited as being involved with the takeover bid.

Ellis was linked with a takeover bid to take over Queens Park Rangers, although he withdrew that bid and was also involved in the consortium that took over Northampton Town. This has led to the situation where you will see pictures of Ellis with a football scarf with Cobblers written on it.

The jokes write themselves!

Although it should be remembered that expressing an interest is no guarantee that a takeover will take place, it at least shows some sign of progress.

There may be some concern that the parties involved do not appear to be from a Rangers minded background but any potential buyer is better than none. There is also the chance that this move may encourage some of the other groups to declare an interest and look to take over the club.

The issue with the current bid is that the new owners would be looking to come into make a profit and whether they would do this in the way that the fans would approve of. At the moment, winning the league guarantees the Champions League money and the Rangers published figures of late have been very promising.

Spending just enough money to stay ahead of the rest and getting the chance to bank the Champions League cash is the ideal scenario but of course, football doesn’t always run smoothly.

Celtic could regroup and win the league (not this season, in the future) or of course, the Scottish champions may not be granted direct entry to the Champions League and that money could be missed out on.

However, everything in football is all about if’s and buts and there is no doubt that seizing control of Rangers could bring success for the fans and a financial return for the owners.

At the moment, not too much information has been put into the public domain so we can’t delve too much into the current situation (probably just as well for us, we’re not the brightest at the financial ins and outs) but this is a story that is going to run and it won’t be the last time we come back to this.

Rangers fans, do you see this as positive news?

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