RANGERS supporters' groups have claimed fans could have loaned the club £1.5million on "more favourable terms".

Fans reacted with fury after it was revealed a £1.5m loan has been secured against Edmiston House, a building behind the Copland Road stand, and Albion car park, as revealed in later ­editions of yesterday's Evening Times.

However, the Rangers Supporters Association, Assembly and Trust claimed last night some supporters, who are also shareholders, could offer the cash.

Rangers confirmed the deal to borrow the cash from football board chairman Sandy Easdale and investment group Laxey Partners yesterday.

A joint statement from the supporters' groups, read: "The Rangers Supporters Association, Assembly and Trust have been contacted by a number of Rangers supporters, who are also current shareholders, indicating they would have provided a secured loan of £1.5m on more ­favourable terms."

He added: "Fans and shareholders both ­deserve an explanation as to why other shareholders were not ­approached to provide this loan.

"The three groups call on Rangers, or the Nomad (nominated adviser) Daniel Stewart, to clarify the matter.

"Either in public or through a direct meeting with fan representatives. We have contacted both companies with our concerns."

Easdale has stepped in to offer up a £500,000 sum on a no-fee and no-interest basis, while Laxey Partners will lend the club £1m.

Laxey Partners, the club's single-biggest shareholder with an 11.64% stake, stand to make a £150,000 profit on its part of the deal.

Both loans are repayable by September 1.

Drew Roberton said fans are "extremely concerned" about the latest twist in the Ibrox saga.

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