// Published February 20, 2012 by isport

Scottish Premier league table leaders Rangers have moved into administration recently. It would have been a tough prospect for lower clubs to find a buyer at this stage in their history.

However, due to their impressive history and the achievements that can be done in the future, it seems that Rangers do not have a problem when it comes to finding a proper buyer.

One of the clients interested in buying Rangers from the current state of administration is the current Sheffield Wednesday chairman Milan Mandaric. There have been a few reports this week linking the Sheffield Wednesday chairman with the possibility of buying out Rangers.

However, Milan Mandaric has come out with the statement saying that he is currently not interested in acquiring Rangers and his concentrating on the job at hands – Sheffield Wednesday. The 73-year-old is widely known to be one of the best chairman’s in the industry, as he usually gets the best out of the club in terms of the financial aspects.

Administrators Duff and Phelps have been made in charge of Rangers during the administration condition. Even after a few hours after going into administration, Duff and Phelps have revealed that Rangers have had a number of offers from England.

“I am aware and shocked at the media reports today linking my name to an inquiry over the potential purchase of Glasgow Rangers Football Club. First and foremost, I can categorically deny that there is any substance to these stories and I am disappointed that such articles are printed without any foundation whatsoever,” Milan Mandaric said in a statement issued on the official website of his current club Sheffield Wednesday.

It has been reported that Rangers could have its up to £ 50 million on their books, which would make it extremely difficult for the new buyer.