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E R LT WA; He lifts the lid on heartbreak over the failed bid to buy Gers He reveals his inner fears for club under Green's leadership our game He's convinced is heading into freefall.

Byline: Mark Guidi

Walter Smith last night opened his heart about the pain of seeing his consortium's bid to buy Rangers hit the rocks.

And in a no-holds-barred interview, the Ibrox legend spoke of his fears for Gers under the stewardship of Charles Green.

The former Rangers boss fronted a move by two of Scotland's wealthiest businessmen, Jim McColl and Douglas Park, to buy out Green's group.

But their bid was rejected by the new owners, who demanded pounds 20million to sell up after purchasing the club's assets for pounds 5.5m.

Smith said: "We were really disappointed. Although the bid was late coming in, we were led to believe there was an opportunity for us to take over."

That rejection has resulted in civil war inside Ibrox and some supporters are now refusing to buy season tickets.

Star players such as Steve Davis, Allan McGregor, Stevie Naismith and Steven Whittaker have also walked out on the newco, as MailSport predicted last week.

Smith's consortium have now given up on buying the club and the future looks bleak for Gers.

The newco's application to be included in the SPL will be formally booted out on Wednesday and the club face an anxious wait to see if they will be accepted into the First Division.

But former Scotland manager Smith fears our entire game is heading for freefall without Rangers in the top flight.

FULL INTERVIEW: Pages: 94-95


AGONY Smith was gutted to see his bid kicked out by Green
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Title Annotation:Sport
Publication:Sunday Mail (Glasgow, Scotland)
Geographic Code:4EUFR
Date:Jul 1, 2012
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