Paul Murray has confirmed the Blue Knights will be bidding for Rangers as his consortium are in 'good shape'.
The Blue Knights have the backing of Ticketus and met with the club's administrators on Tuesday, talks that went well.
After holding 'constructive dialogue' with Duff and Phelps, Murray now says they are in a position to table an offer.
"We had a very good meeting with the administrators," Murray told the Evening Times.
"It was an open meeting with very constructive dialogue and myself and the executives from Ticketus asked a lot of questions, and answered a lot of questions.
"We are in good shape for Friday. We will be making an offer to buy Rangers."
Administrators revealed interest from America and the Far East while Sale Sharks owner Brian Kennedy has previously expressed an interest, although only if Murray's consortium fails.
He continued: "It's obviously up to the administrators to evaluate any offers that come in, but I think they will have to crack on in terms of a decision.
"I would like to think we would get an answer next week and we are hopeful of being able to take control of the club and stabilise the situation.
"That is the main thing - Rangers needs to be saved in its current form and then plans can be put in place from there."