Glasgow Rangers Football Club (GRFC) has denied recent reports that it was on the verge of being sold, although the club did admit to receiving "tentative enquiries".

Lloyds Banking Group has also rejected suggestions that it was currently running the club, following Sir David Murray's announcement in August that he planned to step down as chair of GRFC after 20 years at the club. In a statement, a spokesperson for Lloyds Banking Group said: "Lloyds Banking Group recognises the importance of Rangers Football Club to its supporters, shareholders and the wider football industry in Scotland.

"The bank continues to be very supportive of both the club and the board as they manage the business through the more difficult economic conditions currently prevailing." According to the BBC, the bank issued a further statement on 26 October to categorically deny that it was operating GRFC. Meanwhile, Murray International Holdings has confirmed that it is considering the future of its majority stake in the club.