The deadline for nominations for the successor of Donald Johnston, who steps down next year, is July 15th.

ECONOMIST: An economic club and its governance

Johnston, directors John McClelland, Martin Bain and Donald McIntyre and former Ibrox captain John Greig formed a committee to consider bids.

BBC: Murray announces Rangers no longer for sale

Johnston admitted that, despite his own misgivings, Rangers director Donald Muir, the financial expert placed on the board by present owner Sir David Murray's parent group, was more positive about the possible deal.

BBC: Andrew Ellis bid for Rangers faces further delay