Scottish Government Concerned Over Lloyds Involvement with Debt- Laden Rangers

Birmingham Post › October 27, 2009

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Summary

Scots secretary JimMurphy has held talkswithRangers' bankersLloydsas the financial giant insisted they were not running the club.

Murphy stepped in following reports that the banking group, 43 per cent of which is owned by the taxpayer, had threatened the club with administration over its debts.

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Extract

Scottish Government Concerned Over Lloyds Involvement with Debt- Laden Rangers

Ranger boss Walter Smith claimed on Saturday that the bank was now effectively overseeing the club's sp...

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