12:53pm Tuesday 17th April 2012
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Ticketus remain happy to work with Paul Murray despite the former Rangers director announcing his Blue Knights consortium were taking a step back from the race to buy the club.
Murray announced on Monday night that they were leaving the coast clear for Bill Ng's Singaporean group to complete a deal with administrators Duff and Phelps. Murray took the decision after revealing his group were unable to match the offer Ng made to Ticketus, whose contract with the club gives them the right to £27million of season tickets over the next three years.
However, a spokesman for Ticketus said on Tuesday: "Discussions with both bids are ongoing and ultimately we are prepared to work with whichever bid the administrators think is best for the club."
It is understood Ticketus remain happy with the proposals on offer from the Blue Knights, which would see them recoup £10million of their money over a longer time period in return for helping to finance the deal.
The investment firm are also willing to work with Ng, who got in touch with the group because they are currently the biggest creditor, although Her Majesty's Revenue and Customs could be owed more should a tax tribunal go against Rangers.
Rather than be the deal-makers, Ticketus feel it is up to the administrators to decide who the preferred bidder is and they will react accordingly.
It is understood they have held no talks with the other interested party, US businessman Bill Miller.
Rangers majority shareholder Craig Whyte has also not spoken to Miller, who he claims prefers the option of liquidation and starting a new company rather than exiting administration through a Creditors Voluntary Arrangement (CVA).
Meanwhile, Sale Sharks owner Brian Kennedy has declared himself ready to re-enter the race should a deal that includes a CVA fall through.
Kennedy, who saw his indicative bid rejected last month, said on Monday: "I do not want to distract the time-critical process of appointing preferred bidders. However, should this fall through with the effect of endangering the existence of RFC, I would reconsider my position."
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