Previous
Adelaide United
Western Sydney Wanderers
3
1
FT
Game Details
Swansea City
Liverpool
11:00 AM UTC
Game Details
Manchester United
Leicester City
1:05 PM UTC
Game Details
Southampton
Manchester City
3:30 PM UTC
Game Details
Juventus
Carpi
10:30 AM UTC
Game Details
AC Milan
Frosinone
1:00 PM UTC
Game Details
Valencia
Villarreal
6:30 PM UTC
Game Details
Lazio
Internazionale
6:45 PM UTC
Game Details
Portland Timbers
Toronto FC
7:30 PM UTC
Game Details
Sporting Kansas City
LA Galaxy
12:00 AM UTC May 2, 2016
Game Details
Toluca
Cruz Azul
5:00 PM UTC
Game Details
Guadalajara
Dorados de Sinaloa
10:00 PM UTC
Game Details
Next

Defoe can be Sunderland's saviour

Sunderland
Read
By ESPN Staff

Whyte edges closer to Gers takeover

Scottish tycoon Craig Whyte appeared to move closer to a takeover of Rangers on Wednesday after an agreement over the club's debt was reached with Lloyds Banking Group.

The path seems to be clear for the protracted deal, reportedly worth £33 million, to finally go ahead following months of negotiations.

Whyte will take over 75% of Sir David Murray's shareholding, with London-based property developer Andrew Ellis becoming a 25% partner, once the buy-out is rubber-stamped by the current owner.

A source close to the deal told the Press Association: "An agreement has been reached between Lloyds Banking Group and Craig Whyte. The debt is no longer an obstacle or an issue."

Rangers' debt stood at £27.1 million in June and is expected to be slashed to around £21 million when the club's interim results are announced.

The takeover appeared to be hanging in balance earlier in the week after reports suggested the bank's demands for an 'exit payment' of more than £1 million was a stumbling block.

However, Lloyds responded by denying the existence of any exit or redemption fee.

It would appear progress has now been made, although a degree of caution still surrounds the deal at the moment.

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.