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Milan Mandaric Rangers bid

Mandaric interested in taking over at stricken Scottish champions Rangers

Milan Mandaric is interested in taking over Rangers, who have recently gone into administration.

The 73-year-old Serbian, recently acquitted of tax evasion charges, alongside Harry Redknapp, has lodged his interest with the administrators.

Mandaric is interested in taking over the Scottish champions from Craig Whyte.

Interested: Milan Mandaric could take over at Rangers

Interested: Milan Mandaric could take over at Rangers

Paul Clark, one of Rangers' administrators from Duff and Phelps said: 'As administrators we also have a duty to look at other expressions of interest in the club.

'To date we have had several such expressions of interest and these will be examined in the forthcoming days and weeks. I will not comment on them individually.'

Mandaric made his fortune in California's Silicon Valley in the 1970s, before taking over San Jose Earthquakes.

He soon turned his attention to European football, with Belgians Charleroi and then France's Nice.

In 1998 he took over Portsmouth, followed by Leicester and is currently owner of Sheffield Wednesday.

Help: Rangers have gone into administration

Help: Rangers have gone into administration

If Mandaric wants, he can take over at Rangers and remain owner of The Owls – provided the two clubs do not clash in Europe, which is unlikely given Wednesday's League One status.

Duff and Phelps were appointed on Tuesday after Her Majesty's Revenue and Customs (HMRC) forced the issue in the Court of Session in a bid to secure payment of 9million in PAYE and VAT, accrued since Craig Whyte's takeover of Rangers in May last year.

Rangers were immediately deducted 10 points by the Scottish Premier League, leaving them 14 points adrift of Celtic and with little hope of winning a fourth successive title.