Associated Press Sports
updated 10:49 a.m. ET March 25, 2012
GLASGOW, Scotland (AP) -Administrators controlling Rangers are looking to secure new owners by the end of the season after receiving five bids for the financially stricken Scottish club.
Offers have been made by the "Blue Knights" consortium run by former director Paul Murray, the owner of English rugby union side Sale Sharks and three other bidders, two of whom are reported to be Chicago-based Club 9 Sports and a Singapore-based consortium.
Paul Clark, Rangers' joint administrator, says a shortlist of "two or three bidders" could be drawn next week.
Clark says Sunday he wants "somebody else to be in control of the football club other than us by the end of the season."
Rangers was forced to seek bankruptcy protection after a long-running dispute with tax authorities.
? 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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