Rangers chairman blasts Daily Record for 'smearing' the club
Rangers chairman Craig Whyte has attacked the Daily Record in an open letter to supporters.
Whyte accused the Scottish tabloid of "trashing our efforts to get this club back on a sensible financial footing".
He used the open letter to deny the Record's claims that he had used supporters' money to fund his buy-out of Rangers and that the club owed as much as £5m in VAT.
Whyte wrote: "The Daily Record's approach to this story sought to distort and dramatise the matter. I for one will not be reading or buying the Daily Record again and I'm sure many other Rangers fans will share my disgust at yet another smear on this football club."