Craig Whyte confirms Rangers takeover talks

The man who once modelled himself on Sir David Murray today confirmed to the London Stock Exchange that he hopes to replace the Edinburgh-based millionaire as the new owner of Rangers.

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Wealthy London-based financier Craig Whyte is in advanced negotiations to take control of the Ibrox club in a deal thought to be worth £32million, and could be at the helm before the end of the year.

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