Rangers' administrators have reportedly received a fifth bid for the club.

The offer is thought to have come from a Singapore-based consortium, and follows bids from Sale Sharks owner Brian Kennedy, former Ibrox director Paul Murray's 'Blue Knights' consortium, a US-based consortium reported to be Club 9 Sports, and another unknown group.

The bid is more good news for the club as their future begins to look a little more certain after fears at one point that they may have had to fold.

Administrators Duff and Phelps want to have any potential new owners in place by the end of the current season in order to bring some stability over the summer.

Meanwhile, Gers are preparing themselves for an Old Firm clash against Celtic on Sunday which could see the Bhoys clinch the SPL title.