New Rangers chief executive Charles Green has staged a media conference after a day of dramatic developments at Ibrox.
STV cameras were there to record the dramatic statement by the new company chief executive in which he offered Walter Smith a role with the club.
The move came in response to Smith's announcement that he was fronting a rival consortium to buy the club after Rangers' liquidation was confirmed.
At a dramatic press conference at Ibrox, Mr Green said he had not been approached by Smith with a formal offer, but said the former Ibrox manager and Jim McColl could invest in the club.
Mr Green said he had now completed the purchase of Rangers, who face liquidation after the CVA agreement was rejected by the club's creditors at a meeting earlier on Thursday.
He stated that the new business entity had acquired all of the club’s assets.
The deal led by Mr Green’s Sevco consortium sees £5.5m used to pay administrators Duff and Phelps, as well as purchase Ibrox, Murray Park training ground and all other assets.
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