Bill Miller has confirmed Rangers manager Ally McCoist will have a role to play if he is successful in taking over the SPL giants.
American businessman determined to save Rangers
American businessman Bill Miller has confirmed Rangers manager Ally McCoist will have a role to play if he is successful in taking over the SPL giants.
Miller is one of three parties interested in buying the Gers, who were placed in administration in February with crippling debts.
The 65-year-old is the sole bidder remaining from the consortium put together by Chicago-based Club 9 Sports and he is determined to save Rangers.
"I will be speaking with Ally and he clearly fits into my plans for the future of Rangers," Miller told a number of newspapers.
"I believe my plans are the best for Rangers Football Club's long-term success.
"I can assure you that I would not be interested if I did not have the best interests of the fans, team and club at heart.
"My aim is to save the club, put it on a stable footing - making profits and not losing money so it qualifies for European competition - and ensure it can have a strong future to match its history."
History
While administrators Duff and Phelps are keen on Rangers exiting administration through a CVA (company voluntary agreement), with potential debts of £134million, there remains real fears that the club could be liquidated.
Fans' groups are threatening to boycott the club should a new owner go down the 'newco' route but Miller claims his bid is structured around ensuring Rangers exit administration through a CVA.
He said: "My preference is a CVA exit. It has not been determined yet as to how this or another structure may work.
"I am working with the administrators and lawyers to find a creative solution that protects the history and future of the Rangers but does not have the club hampered by large amounts of debt going forward.
"Any Rangers fan should be alarmed by this (potential debt). It totally hampers the club's ability to be successful in the future.
"It is my intention to clean this up. Any time you negatively affect the future revenues by mortgaging the future of a team, you are endangering its very survival."
