The Blue Knights consortium have looked likely to be named as the preferred bidders for Rangers. But they have now ‘stepped back’ from the bidding process and it looks likely that preferred bidder status will go Bill Ng’s Singapore-based consortium.
Ticketus were part of the Blue Knights consortium but had been unwilling to contribute to the required £500,000 ‘exclusivity fee’. It then emerged that they had been in discussions with the Bill Ng consortium who had made them a substantially better offer.
The Blue Knights consortium have looked likely to be named as the preferred bidders for Rangers. But they have now ‘stepped back’ from the bidding process and it looks likely that preferred bidder status will go Bill Ng’s Singapore-based consortium.
Ticketus were part of the Blue Knights consortium but had been unwilling to contribute to the required £500,000 ‘exclusivity fee’. It then emerged that they had been in discussions with the Bill Ng consortium who had made them a substantially better offer.