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The Dude

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http://www.bbc.co.uk/sport/0/football/18527811

Two Glasgow businessmen are preparing a bid to take control of Rangers.

Housebuilders and property developers Allan Stewart and Stephen McKenna plan to bid about £11m for the club.

They hope to run Rangers for two to three years before floating the company on the Stock Exchange and handing the club over to the fans.

The pair plan to meet current owner Charles Green, who bought the club's assets for £5.5m, in the coming days.

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For those on their phones.

Tycoon firm goes under owing £78k as millionaire's fail to pay tax bill

Aug 1 2010 Exclusive by Norman Silvester, Sunday Mail

A FIRM run by two millionaire property developers has gone bust - owing the taxman £78,000.

Allan Stewart and Steve McKenna's empire once boasted a turnover of £134million a year.

And the pair's charity work has been supported by Tony Blair, Bill Clinton, Al Gore and Goldie Hawn.

But we told in May how one of their companies, Stewart & McKenna Ltd, was taken to court over a tax bill.

And the firm has now been put into liquidation after the cash was unpaid.

Last week insolvency experts Buchanan Roxburgh were appointed as the liquidators.

Stewart & McKenna Ltd was the first company the two men set up, in 2005.

Since then the duo, whose HQ is in Cambuslang, near Glasgow, have formed more than 20 firms.

In an interview in 2007, the partners claimed they had made £134million the previous year after selling 14,000 flats worldwide.

Last month Labour Party donors Stewart and McKenna said they had given shamed former Glasgow City Council leader Steven Purcell a job with their charity, which has built orphanages in Russia, Indonesia and Africa.

The property developers have previously denied that their empire is in trouble.

The Sunday Mail tried to contact Stewart and McKenna yesterday but they did not return our calls.

A Buchanan Roxburgh spokesman said: "We would appeal to any creditors to contact us."

Wallopers!!

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