((HT: STV))
And one of the managing partners feels "duped" for having brought Craig Whyte on in the first place...
According to our friends at STV, the bill on outstanding tax debt is more in the neighborhood of 15-million pounds instead of the originally-thought 9-million.
Rangers director Andrew Ellis has now come forward and is claiming that he didn't know the extent of Whyte's resume (the bad part) and has apologized to the club and its supporters.
Ellis said in an interview with Press Association Sport, released by STV:
"I took Craig to meet Sir David Murray in the south of France and that's when talks began and I'm distraught that it has ended up like this. My interest in buying the club had ended due to the potential cost of the impending tax case but I had met Craig via the Cadbury family and was told by people that he was a very successful and wealthy businessman who was interested in buying Rangers.
"He appeared to have the money, he showed me proof of funds and told me about the numerous companies he owned. I was absolutely devastated last week to see the club go into administration with jobs at risk."
Ellis also said that he had an agreement in principle to pick up just under a quarter of the Rangers ownership, but Whyte kept dodging him when asked.
In other Rangers news, they now have an official bill with the local police since they haven't paid for their protection from their first game back in administration.
The local po-po is going to take it on a case-by-case basis...
And manager Ally McCoist was asked about the revelations about the leveraging of the ticket broker, Ticketus, their front money and the retiring of a debt using future funds.
"My reaction was shock but not surprise. Shock because it's obviously not a good situation, but not a surprise because all of the journalists and newspapers were heading in that direction. That kind of took the surprise element away."
Here's your early recap from BBCNews Scotland and johngreig...
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