Former Rangers director Paul Murray insists his 'Blue Knights' can help save the embattled club.

The Glasgow giants are in danger of being liquidated according to a statement released by businessman Dave King who suggested that the club would inevitably go under.

But Murray is remaining defiant regarding the financial situation of the Ibrox outfit and is putting together a proposal that he believes can hold things together.

"I'm surprised Dave King has released that statement," said Murray.

"I obviously agree with a lot of things he said, it's a pretty comprehensive statement, but not in regard to liquidation.

"Talking to the administrators, I'm certainly not working on the basis that liquidation is inevitable. I'm working on the CVA proposal as the way forward, and that's in the best interests of the club.

"We need to settle our debts but at least that enables the club to emerge out of administration into a new form. It's a personal statement and reflects his personal views. I agree with a lot of what he said, but with regard to liquidation I'm not sure I agree with that."

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