DUFF and Phelps, administrators of Rangers Football Club, today issued the following statement.

David Whitehouse, joint administrator said, "The Rangers fans have been absolutely tremendous over the last 10 days and it's vital to the administration process that we continue to receive the support we have had thus far.

"Ibrox was sold out last Saturday and hopefully that can be the case for the rest of the season. The fans are clearly extremely loyal to Rangers and by coming to matches at Ibrox they are directly contributing to the Club's future.

"We are hopeful that we can enhance revenue streams in the coming months through a variety of means and we have been very encouraged by the support of the business partners who have helped in that regard already.

"The Club's suppliers are also working with us to improve income flows where possible and the sponsors have also been tremendously supportive. We are in discussion with them to see if we can enhance the packages that we currently have in place.

"This is obviously a very difficult period for the Club but those who come to the fore and support the Club will obtain tremendous publicity which is what sponsorship is all about.

"Right now, it is quite simple - income now will help secure the future of Rangers.

"Our focus is on generating income for the Club but there is also a focus on costs and the steps we are taking in terms of the cost base of the Club will evolve during the next week.

"On a daily basis we are talking to department heads and seeing where there is capacity for cost savings but being very mindful of the need to both to preserve the performance on the pitch and retain the efficiency of the club off the pitch as well.

"Overall, I would describe the situation as positive. Everybody recognises the plight that the club is in and have come to the table to help and assist where possible.

"We have also had very good support from the football authorities and have met with both the SFA and the SPL.

"For 140 years Rangers has been a key part of Scottish football. We hope that the influence and the support which the Club has given to the game over the years will carry some weight at these difficult times.

"Generally other clubs are sympathetic. I think clubs realise this is a difficult time for the football industry in general and Rangers isn't unique in its financial position. They are very supportive of the survival of the Club which is critical to Scottish football."