{"id":349896,"date":"2011-03-30T12:21:39","date_gmt":"2011-03-30T12:21:39","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/30\/gers-takeover-edges-closer\/"},"modified":"2011-03-30T12:21:39","modified_gmt":"2011-03-30T12:21:39","slug":"gers-takeover-edges-closer","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/30\/gers-takeover-edges-closer\/","title":{"rendered":"Gers takeover edges closer"},"content":{"rendered":"
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20110330<\/p>\n

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Lloyds give White approval to proceed with takeover<\/h3>\n

\n\t\t\t\t\t Last updated: 30th March 2011\u00a0\u00a0 \"Subscribe<\/a> <\/p>\n<\/p><\/div>\n

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\t\t\t\"Gers<\/p>\n

Lloyds give White the green light<\/p>\n

SKY SPORTS ON SKY<\/b><\/p>\n

There’s more live football on Sky Sports than ever before, including the Barclays Premier League, UEFA Champions League, Clydesdale Bank Premier League, England away Euro 2012 qualifiers and La Liga. With four live Sky Sports channels, as well as Sky Sports News, you’ll never miss a moment on Sky. Click here<\/a><\/b> for more.<\/p>\n<\/div>\n

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Related links<\/h3>\n

Teams<\/h4>\n

Also see<\/h4>\n<\/p><\/div>\n

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Sky Sports News<\/i> understands that Lloyds Banking Group have given Craig Whyte approval to proceed with his takeover of Rangers.\n<\/p>\n

On Monday the bank denied it was seeking an ‘exit fee’ in order to permit the Scottish tycoon’s takeover after it was thought a payment of more than \u00a31million was proving a stumbling block.<\/p>\n

Whyte is seeking to buy 75 per cent of Sir David Murray’s shares in Rangers and both parties have been told by Lloyds that they are happy the proposed deal can go through.<\/p>\n

Earlier this week Lloyds was informed by the Murray Group on behalf of Whyte that due diligence had been officially completed and that they were happy to continue with proceedings.<\/p>\n

Whyte has held talks with Lloyds over the past few days and made two requests over the structure of the club’s debt, which is on course to be \u00a318million in June.<\/p>\n

The banking group, which retains Rangers’ debt, have delivered on those commitments, meaning the deal is one step closer to being finalised.<\/p>\n<\/p><\/div>\n

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\t\t\t\t\tRangers 4\/11<\/a>, Draw 7\/2<\/a>, Dundee Utd 8\/1<\/a>\n\t\t <\/div>\n

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