Lloyds Banking Group has threatened to put Rangers into administration after initially rejecting a business plan designed to slash the clubs debt. (The Herald)

Lloyds has placed Donald Muir, who helped rescue Northern Rock, on to Rangers' board and is effectively running the football club. (The Herald)

Dave King, the Glasgow-born South Africa-based multi-millionaire, is the leading contender to buy Rangers but is having difficulty concluding a deal as Lloyds £30m, equal to the club's total debt. (The Herald)

Rangers sources have emphatically denied that a takeover by Dave King is imminent. (Daily Telegraph)

Rangers' entire first-team squad will be systematically sold and the coaching staff dismantled if senior management does not win its battle with Lloyds. (The Herald)

Rangers manager Walter Smith says making all his players available for sale in January is having a detrimental affect on the motivation of his side. (Daily Record)

Celtic captain Stephen McManus says showdown talks with manager Tony Mowbray, who had earlier said that all his players were battling to save their careers with the club, helped send the team back to the Scottish Premier League. (Various)

Former Rangers goalkeeper Andy Goram says then Celtic chairman Fergus McCann tried to sign him after he left Ibrox a decade ago. (The Sun)

Scotland striker Chris Iwelumo says a machine designed for astronauts speeded up his recovery after returning from injury to play for Wolves. (The Sun)

Italian clubs Siena and Catania want Dan Petrescu as coach after he led Unirea Urziceni to a Champions League win over Rangers. (The Sun)

Former Celtic defender Bobo Balde played his first league game for 18 months when he came on as a substitute for Valenciennes in their win over St Etienne. (The Scotsman)

Jennifer Beattie's goal gave Scotland a 1-0 win over Greece as they began their Group 3 World Cup qualifying campaign in Athens. (Various)

Inverness golfer Russell Knox topped the standings in Stage 1 of the US PGA Tour's qualifying school in Florida, winning by three strokes at St John's with a six-under-par 66, but Cardross-born Ross Bain finished seven strokes adrift of the qualifying score. (Various)

Oban racer Susie Stoddart walked away with just bruising and a sore neck after a 120mph smash at Hockenheim. (The Sun)

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