please log in to view this image Bill Miller has withdrawn his bid for Rangers, blaming fan opposition and fresh information that revealed the seriousness of Rangers' finances. But administrator Duff & Phelps says three other bids are on the table - one from the UK and two from overseas. American trucking tycoon Miller had been named preferred bidder last week. But he has now said that "preliminary information" given by Duff & Phelps was "more optimistic than reality" and he is no longer pursuing his offer. Mr Miller's bid was deliverable to creditors and was the only deliverable bid on the table at that time David Whitehouse Joint administrator "As soon as I was announced as preferred bidder for Rangers, my team began to press ahead with our due diligence," said Miller in a statement. "Until then, information had been limited to what was made available in the internet data room and questions addressed to the administrators and their staff. "In addition, I had preliminary discussions with the Scottish footballing authorities and limited discussions with Ally McCoist. "Upon being named preferred bidder, discussions with Rangers staff started and discussions with all interested parties intensified. "We continued to work through the holiday weekend in order to meet a very compressed schedule. "By late Monday night, it became clear to me that preliminary information, discussions and analysis were, unfortunately, more optimistic than reality." The American had yet to visit Scotland following his bid for the club but turned in his statement to the reaction from some Rangers fans, who displayed anti-Miller banners at last week's game against Dundee United. "Having no intention of negatively affecting the potential outcome of the club's future and after hearing the message from Rangers supporters and fans loud and clear ("Yank go home!"), I notified the administrators today that I have withdrawn my bid for Rangers and will not be moving forward," he said. "I am deeply disappointed as I had considered the opportunity to bid for one of the most historic football clubs in the world, an honour and a privilege. "I wish Rangers fans, supporters and employees my very best. I hope all your dreams and wishes come true. You certainly deserve it.
Can't really see what asset they are on about, does not seem a lot to strip really. I just have no interest in scottish footy to be honest so could not really care less.
