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RANGERS legend Walter Smith yesterday revealed he wants to save the club on behalf of fans as he fronted a sensational last-minute bid to buy the football giants.

The 64-year-old’s attempt to snatch the club from the grasp of new owner Charles Green was the latest in a long string of offers made for Gers.

Smith is now hoping pressure from fans will force Green to sell to his consortium but he has been told he will have to cough up at least £20MILLION.

Smith vowed: “Our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health.”

SNA1505GRN--_1528913a.jpgNew owner ... Charles Green

Former manager Smith made the statement setting out his hopes as he tried to buy the Ibrox club for £8million just HOURS before former Sheffield United chief executive Green became owner.

Gers fans were ecstatic when Smith revealed he was being supported by billionaire Jim McColl and motor magnate Douglas Park in his efforts.

But their dreams were shattered when Green announced he had finally picked up the keys to Ibrox after resurrecting the liquidated club as a “newco”.

In a bizarre twist yesterday Yorkshireman Green offered to make Smith the club’s CHAIRMAN — and begged for all sides to “pull together”.

He said: “It’s effectively me in the hot seat now — we came here to rescue Rangers that’s what we have done.

“Let’s get rid of the negativity and let’s pull together. If Walter Smith wants to be chairman of Rangers I’ll appoint him.”

Green also denied he had been involved in a bust-up with manager Ally McCoist, far right, after it was reported he was going to resign.

SNA1505WLT3--_1528914a.jpgClubbing together ... Walter and Ally

He said: “The issues I’ve read about Ally are rubbish. The reality is Walter and Ally are big pals and I’m nothing to Ally. If there’s a chance Walter is going to put a bid together, Ally would support Walter, that’s what I would expect.”

But he said he would not hesitate to bring Smith on board along with McColl and Park — and claimed his finance director Imran Ahmad would be happy to take their investment cash.

Green said: “If Walter, Jim McColl, Douglas Park want to be an investor in this club this man (Ahmad) will take cheques off them and put them in Rangers’ bank account, not in his bank account, not Charles Green’s bank account. They can come on the board and be party to what we are doing. If these people want to be involved and bring a cheque at the same time — fantastic. We’ve had four other emails or contacts from high net worth individuals who are saying ‘What would you take to go?’ But we are not going to sit around and wait — if we hadn’t come along this club would have closed.”

SNA1505WLT2---_1528915a.jpgSPL cup ... Smith

The Smith consortium were last night believed to be weighing up their next move — after being stunned by the £20million they were told to stump up.

Mr Ahmad said despite only paying £5.5million for the club, Green and his consortium had shelled out up to £2million on professional and advisory fees and they had coughed another £2.5million for the club’s operating costs. Smith said of his consortium’s offer: “This is an acquisition designed to stabilise the club and ensure history does not repeat itself. We are not in this to take money out of the club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people.”

Mr Ahmad said he thought Green’s idea to make Smith chairman of the football board was a “brilliant idea”.

And he said: “This is a formal offer — we would be delighted if he came on board. The point about Walter is — if you really want to help the club the door is open. There’s a blank canvas in terms of starting from scratch and he can be part of that.” But last night Clyde Blowers boss Mr McColl pleaded with Green to sell. He said: “I would issue a public appeal to Charles Green to strongly consider selling the club to the Walter Smith consortium.

SNA1505ALLY-_1528912a.jpgManager ... Ally

“This would be in the best interests of Rangers Football Club, the Rangers fans and all of Scottish football.”

And fans chief Mark Dingwall warned Green that supporters would not buy season tickets if he and his consortium shunned club idol Smith.

He said: “Any battle between Green and Smith will only have one winner. Mr Green has spent money but he has not bought the fans and he has not bought the history. Clearly, Walter Smith has no faith in Mr Green and that is why he has made his move.

“I suspect Rangers fans will withhold season ticket money until Mr Green sells to Walter Smith as that will starve him of income.”

Green yesterday claimed to have backing from a string of tycoons as well as Scottish clothing company Glenmuir for his takeover.

They included Glasgow-based businessman Ian Hart. However, moments after the announcement Hart denied he was part of Green’s team and revealed he was backing Smith.

Green’s takeover comes after former owner Craig Whyte, who bought the club off Sir David Murray in May last year, put the club into administration in February.

Since then businessman Brian Kennedy, John Pritchett’s Club 9 Sports, Singaporean tycoon Bill Ng, Paul Murray’s Blue Knights consortium, and US truck tycoon Bill Miller have all made unsuccessul bids.

Director Andrew Ellis was involved in a failed bid in 2010.

<br style="margin: 0px; padding: 0px; "><br style="margin: 0px; padding: 0px; ">Read more:

http://www.thescottishsun.co.uk/scotsol/homepage/news/4373999/20m-or-forget-it-Walter.html#ixzz1xpAfqBe6

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No one is actually quoted as stating the £20 million figure though.

Maybe not but, Green has said that all the time it has taken him to get a hold of us it's cost him around 10million.

Maybe thats where the paper got there figure from? Walter smith offered 8million yesterday and it was knocked back.

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People need to stop posting this utter tabloid drivel.

This information broke on bbc yesterday afternoon. Green claims that the consortiums entire investment thus far including fees etc is around 10m. He also stated the obvios thst for sn exit strategy for investors, theyd expect a multiple of initial investment.

Tabloids use this increibly straight forward basic information to publish yet another highly speculative, sensationalised headline that Green demands 20million. In a duffel bag in unmarked bills, and a helicopter to get away in. After he sofcourse he sacks Ally like he was supposed to have done yesterday.

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Maybe not but, Green has said that all the time it has taken him to get a hold of us it's cost him around 10million.

Maybe thats where the paper got there figure from? Walter smith offered 8million yesterday and it was knocked back.

Yeah I heard the £10 million quote earlier and they would want a multiple of that to sell. That could be X 2 giving £20 million. Then again it could be X 1.2 making it £12 million. I think they will sell, hopefully for a lot less than £20 million.

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Where have McColl and Park been for the past year?? Where were they when DM was being 'duped' by Whyte?

Did the foresee liquidation as inevitable? Did they foresee the opportunity to let Green (or AN Other) liquidate the club only for them to buy the assets on the cheap?

Too little too late from these people whom I believe are 'using' Walter.

Green is basically saying 'put up or shut up'.

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Maybe not but, Green has said that all the time it has taken him to get a hold of us it's cost him around 10million.

Maybe thats where the paper got there figure from? Walter smith offered 8million yesterday and it was knocked back.

doh so his consortium's spent 10 million and knocked back 8 million.. Wow.. Never.. FFS!!!!

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And for a club that he has just bought for 5.5million 18 hours or so ago.

+ 4.5 million fees and costs.. + the money his investors have lost in interest for their 10 million.. And your point is?? Mr McColl has 800 million but just say 500 million to leave him 300 million emergency funds for the gas bill.. 20 million is still leaving 48 million to pay the bills.. So your point is??

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£20m is a fairly accurate figure, I believe it was Imran Ahmad who said that the club was bought for £5.5m plus professional fees and funds to keep the club going would take it up to £10m.

Green himself said that his investors were looking to double there money, so £20m seems a reasonable assumption for a propsed value.

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18 hours ago or so Green bought Rangers for 5.5million. Now he's wanting 20million of Walter for him to take control.

no could have made this up.

No one is actually quoted as stating the £20 million figure though.

Maybe not but, Green has said that all the time it has taken him to get a hold of us it's cost him around 10million.

Maybe thats where the paper got there figure from? Walter smith offered 8million yesterday and it was knocked back.

So within two posts, you've stated one thing, then stated the complete opposite? You're a strange man.

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+ 4.5 million fees and costs.. + the money his investors have lost in interest for their 10 million.. And your point is?? Mr McColl has 800 million but just say 500 million to leave him 300 million emergency funds for the gas bill.. 20 million is still leaving 48 million to pay the bills.. So your point is??

Sorry new at this 480 million to cover his bills <cr>

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£20m is a fairly accurate figure, I believe it was Imran Ahmad who said that the club was bought for £5.5m plus professional fees and funds to keep the club going would take it up to £10m.

Green himself said that his investors were looking to double there money, so £20m seems a reasonable assumption for a propsed value.

Agree 100%

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if you read shite long enough,you might start to believe it

"THE ONLY THING NEWSPAPERS ARE GOOD FOR IS FOR FISH AND CHIPS" a QUOTE FROM THE TRUE AND ONLY SAVIOUR OF RANGERS!

18 hours ago or so Green bought Rangers for 5.5million. Now he's wanting 20million of Walter for him to take control.

no could have made this up.

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Doesn't matter one iota what Green paid he got a GREAT deal, if he wants 20 million I think that's still a great price!

20 Million for half a dozen empty folders (Rangers TV Green Interview last night)and a run down stadium? Get fucking real if he had a league place secured and the playing squad tied up maybe just maybe 20 million would be realistic as it is he doesnt even have a fucking dinner lady so 20 mill is pie in the sky.

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