(Or “S’poreans Boleh: Hougang boy can own a part of Scottish history”)
So the S’pore consortium fronted by one Bill Ng*, chairman of footie team Hougang Hooligans (Does the team have WP as a sponsor? PAP not likely to sponsor a team that fights on the field?) is now the favourite to win the bid for Rangers.
The Blue Knights consortium seeking to gain control of Rangers says it is “stepping back” from the process. It was the orginal favourite. The group led by former club director Paul Murray says it cannot compete with Bill Ng’s consortium.
Ticketus, the firm whose money financed Craig Whyte’s takeover, with funding set against revenue from future season ticket sales at Ibrox, has been working alongside the Blue Knights but has also opened talks with Ng.
And the Blue Knights claim its Singapore-based rival had made the offer of a “substantially” better deal.
BTW, Bill Ng shld make up his mind whether he was a Rangers fan from his school days; or only became a fan abt 10 years ago. He has told reporters both these conflicting versions.
*When he was in stockbroking, he was known as “Brudder Bill” or “Billy Boy” or “Billy the Kid”. When an ex-employer heard that he is reputed to be worth US$80m, he laughed and said he might remind Bill that he, Bill, had debts to settle, and to touch Bill for a loan, “He’s worth a lot more and I”. He also added, “Everyone’s now in private equity” when he heard Bill claimed to be in private equity.