US consortium Club 9 Sports last night released a statement saying they have no intention of acquiring Rangers Football Club.

Administrators Duff & Phelps are expecting four or five bids for the proposed takeover of the Glasgow giants by 5pm BST today but Club 9 have immediately distanced themselves, saying they will not put in a line bid but are merely acting as part of a bigger consortium.

"We can confirm that representatives of Club 9 Sports have been involved with investigating, analysing and considering a potential purchase of Rangers Football Club plc on behalf of a group of interested parties from the USA and UK," read the statement.

"However, at no time has Club 9 Sports itself offered a bid to acquire the club. Our role has been as a member of a proposed consortium.

"We can also confirm that we have not met with, spoken to or otherwise been associated with (majority owner) Craig Whyte in any way. Furthermore, Club 9 Sports will not be bidding for control of Rangers Football Club plc."

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