- Associated Press - Saturday, April 7, 2012

GLASGOW, SCOTLAND (AP) - Rangers manager Ally McCoist has held talks with the American businessman trying to buy the financially stricken Scottish club.

Bill Miller is one of three bidders being considered by the administrators tasked with saving the 140-year-old Glasgow club, which is in bankruptcy protection.

McCoist says he spoke to Miller for an hour on Friday in a conference call, describing the talks as “very encouraging.”

Miller is chairman of Chattanooga, Tenn.,-based Miller Industries Inc., which markets towing and recovery equipment.

The other bidders are a group headed by former Rangers director Paul Murray, and a consortium fronted by Singapore businessman Bill Ng.

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