Brian Kennedy fears for the future of Rangers

Brian Kennedy has expressed renewed fears for the future of Rangers as he reflects on his own position following Bill Miller’s decision to withdraw his bid for the club.

American tycoon Bill Miller was announced as the clubs preferred bidder last Thursday – ahead of a rival bid from Kennedy and the Blue Knights consortium – however in a shocking turn of events, the businessman yesterday (Tuesday) informed administrators he will no longer pursue his interest any further.

Duff and Phelps are now evaluating three other bids for the Glasgow giants – which does not yet include a fresh offer from Kennedy.

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Sale Sharks owner Brian Kennedy told the Daily Record: “Words fail me. All my worst fears are coming to pass. In the meantime, I am reflecting on my own position.

“I’m not trying to be a smart ass here. This was a clear sequence of events. I could see it, every Rangers supporter could see it was likely to unfold.

“And yet here we are, in an even more perilous position than ever. My worst fear is that we could see a padlock on the gates of Ibrox.

“I don’t give a monkey’s about the Americans pulling out. I care about the damage that has been done in between and where it will all lead to.

“When someone predicts a sequence of events ‘A, B, C, D and E’, and when ‘A, B, C, D’ happens then you’ve got to think there is a good chance ‘E’ will happen too.

“If anyone is going to step up and do something then they’d better do it soon. I will reflect on this and will be talking to those who were considering investing with me.”