Smith withdraws Rangers offer

June 19, 2012
By ESPN staff
Walter Smith has announced that the consortium he heads have withdrawn their £5.5 million bid for Rangers football club, following the rejection of their offer last Thursday.

Smith revealed that there has since been a counter offer by the successful Charles Green led consortium, inviting their involvement, but the two parties failed to find common ground within their business plans.

The withdrawal allows the Green consortium to continue unhindered with their bid to take over ...

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