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Russian businessman cools talk of Rangers takeover

Controversial Russian businessman Vladimir Antonov is denying suggestions he is poised to become the saviour of Rangers, reports The Scotsman. A source close to the admitted he is looking at investing in "a football asset in Britain". He made clear, however, that there were no negotiations underway with the Glasgow club.

"Speaking generally, it is just an idea as yet, but such an idea does exist," the source told Moscow newspaper Kommersant.

At the weekend it was reported the banking tycoon was behind a new £75 million takeover bid for debt-ridden Rangers. He was said to be providing funds to Andrew Ellis who was at an "advanced stage" in making a second offer for the Ibrox club.

The 35 year old has attained major business successes in Russia and the Baltic countries yet he has been dogged by allegations that he is linked to organised crime and questions over who stands behind him in his financial dealings.

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