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Friday, April 6, 2012

Hougang United chief a key figure in Glasgow Rangers bid

Hougang United chairman Bill Ng has emerged as one of the key figures behind an audacious Singapore bid to take over Scottish football giants Rangers FC.

The 52-year-old, who is a director at private equity firm Financial Frontiers, told The Straits Times on Thursday that he is one of a 'handful of Singaporeans from the financial industry' to table a bid for the debt-stricken club.

The Singaporeans are one of four parties who have submitted offers for the reigning Scottish champions. The other bidders are the Blue Knights group led by former Rangers director Paul Murray, Chicago-based Club 9 Sports and an unknown German firm.

ORIGINAL SOURCE
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