bmck 117 Posted March 19, 2010 Share Posted March 19, 2010 Seems to be quite widely reported that Ellis is out. The Herald understands the deal is foundering after the bidder became aware that land set aside for "the Ibrox masterplan" had limited use. Sources in London, who first revealed interest in Rangers two weeks ago to The Herald, say property developer Andrew Ellis will confirm in the coming days that he is walking away from buying the debt-ridden Scottish champions. It is understood Mr Ellis was left shocked when it transpired that ambitions for a major retail development that had been an integral part of the deal could not go ahead on the site because the club do not have clearance or planning in place. http://www.heraldscotland.com/news/home-news/33m-rangers-takeover-bid-on-the-brink-of-collapse-1.1014488 Are we happy about this? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,279 Posted March 19, 2010 Share Posted March 19, 2010 Still not certain apparently - the Herald article was taken off a Celtic forum 'scoop' but Northampton Loyalist has a text from Ellis saying 'we have not pulled out'... 0 Quote Link to post Share on other sites More sharing options...
bmck 117 Posted March 19, 2010 Author Share Posted March 19, 2010 So the 'same contacts in London' thing is nonsense? Who would've thought That's good to know. I'm not sure if I want him in, but the longer he's in the more interest at very least is being drummed up. 0 Quote Link to post Share on other sites More sharing options...
mainstandbear 0 Posted March 19, 2010 Share Posted March 19, 2010 - the Herald article was taken off a Celtic forum 'scoop' Now, why am i not surprised? I would add 'have they nothing better to do?' but then obviously, other than cashing their giros, they dont. 0 Quote Link to post Share on other sites More sharing options...
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