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Rangers takeover within a month, says Ellis

Andrew Ellis is “optimistic” his proposed takeover of Rangers will move closer to completion later this month.

The Ibrox club last week secured their second successive Clydesdale Bank Premier League title, overcoming once again their perilous financial situation.

Rangers are just under £30million in debt and are under investigation by HM Revenue and Customs over a tax issue.

Moreover, manager Walter Smith has been unable to buy a new player for nearly two years and he and his assistants, Ally McCoist and Kenny McDowall, have been working without a contract since January.

Ahead of the final Old Firm derby of the season at Parkhead tonight, property developer Ellis claimed that if his reported takeover bid of £33million goes through, he will offer Smith a new contract and also offer the role of life president to the club's owner Sir David Murray.

“The bid includes all the club's debt and I'm optimistic there will be serious developments in the next three to four weeks,” Ellis said. “Should I gain control of the club I intend to offer Walter a new contract as his experience and knowledge is invaluable both to me and the club.

“It is only fitting that former chairman Sir David Murray should be offered the role of life president as what he has done for the club can never be forgotten.”

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Meanwhile, Steven Davis has tipped Danny Wilson to be a future captain of both Rangers and Scotland following an impressive debut season for the Scottish champions.

The 18-year-old defender has already attracted the attention of Liverpool and has also been linked with a move to Tottenham.

He saw his stock rise even further when named PFA Scotland Young Player of the Year and Davis believes he has a big future ahead of him.

“I think he has got all the qualities,” said the midfielder, who picked up the Player of the Year. “He could be a future captain for both Rangers and Scotland.”

Wilson has so far stalled on signing a new deal to remain at Rangers when his contract expires at the end of next season.

But Davis believes an extended stay at Ibrox would benefit his development.

“There is room for him to improve at this club and keep progressing and, at that age, I think that's the most important thing,” said Davis.

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