Ellis set to takeover Rangers

Mar 14 2010

Andrew Ellis is "very likely" to take over Rangers in the next few weeks, according to one of the men helping to facilitate a deal.

Talks are taking place between the London-based property developer and the club's principal shareholder, Murray International Holdings.

Ellis' offshore firm RFC Holdings (Guernsey) is being represented by Channel Islands trust firm Marlborough, which is listed as the company's directors.