In the meantime Paul Clark and David Whitehouse of Duff and Phelps will act as "joint interim managers" of Rangers.

BBC: Legal hitch in administration of Rangers forces court date

The BBC reported Duff and Phelps partner David Grier may have known about the Ticketus deal last April.

BBC: Rangers Ticketus deal conversation 'was recorded'

David Grier, a senior partner from Duff and Phelps, said he was unaware until August 2011 that Ticketus had helped fund Mr Whyte's purchase of the club.

BBC: Duff and Phelps