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Things looking up at Rangers, says finance chief

By Lisa Gray

Administrators last night described the situation at crisis-hit Rangers as “positive”.

Financial firm Duff and Phelps were called in on Tuesday of last week over an unpaid tax bill accrued since Craig Whyte's takeover of the Scottish champions last May.

They have praised the continued support of fans, business partners and sponsors — as well as the Scottish Premier League and the Scottish Football Association — as they work towards securing the club's survival.

David Whitehouse, joint administrator, said in a statement last night: “Overall, I would describe the situation as positive.

“Everybody recognises the plight that the club is in and have come to the table to help and assist where possible.

“We have also had very good support from the football authorities and have met with both the SFA and the SPL.

“For 140 years Rangers has been a key part of Scottish football.

“We hope that the influence and the support which the club has given to the game over the years will carry some weight at these difficult times.

“Generally other clubs are sympathetic.

“They are very supportive of the survival of the club which is critical to Scottish football.”

Rangers attracted their biggest home crowd of the season for last week's game against Kilmarnock — their first match since going into administration.

Whitehouse added: “The Rangers fans have been absolutely tremendous over the last 10 days and it's vital to the administration process that we continue to receive the support we have had thus far. Ibrox was sold out last Saturday and hopefully that can be the case for the rest of the season.

“The fans are clearly extremely loyal to Rangers and by coming to matches at Ibrox they are directly contributing to the club's future.

“We are hopeful that we can enhance revenue streams in the coming months.

“The club's suppliers are also working with us to improve income flows where possible and the sponsors have also been tremendously supportive.

“This is obviously a very difficult period for the club but those who come to the fore and support the club will obtain tremendous publicity which is what sponsorship is all about.

“Right now, it is quite simple — income now will help secure the future of Rangers.

“Our focus is on generating income for the club but there is also a focus on costs and the steps we are taking will evolve during the next week.”

Meanwhile, it is understood the SPL are looking into the match delegate's report in relation to alleged unacceptable conduct by Rangers fans during the 1-0 defeat to Kilmarnock last week.

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