Rangers administrators Duff and Phelps have announced Craig Whyte is willing to sell his shares to two parties involved in takeover talks.
Administrators hopeful Rangers will soon be sold
Rangers administrators Duff and Phelps have announced Craig Whyte is willing to sell his shares to two parties involved in takeover talks.
Duff and Phelps are evaluating three bids after American businessman Bill Miller withdrew his offer earlier this week, just days after being named preferred bidder.
And the administrators remain optimistic that a sale will go ahead shortly.
Joint administrator Paul Clark on Thursday evening said: "We have continued discussions today with the parties remaining in the bidding process and good progress has been made.
"We can also confirm that Craig Whyte has confirmed that he will transfer his shareholding in Rangers Football Club to two of the parties and has indicated he would not be an impediment to a sale of the club.
"We will issue a further update for supporters tomorrow and can say that every effort is being made to conclude the sale of the club as quickly as possible."
Sky Sports sources understand one of the groups to have agreed a deal to take over Whyte's 85 per cent shareholding is an English-based consortium. The consortium held talks with Duff and Phelps on Thursday.
Whyte is hoping the group can strike a deal to take over the Ibrox club ahead of attempts to exit administration through a Company Voluntary Arrangement (CVA).
The new consortium includes figures who have been in involved at executive level at English Premier League and Championship clubs in the past and Whyte views the group as the only serious bidders.
