Paul Murray admits his Blue Knights consortium will make a bid for embattled Scottish giants Rangers.
The former Ibrox-director has put together a group of businessmen with the club's best interests at heart and after meeting with administrators Duff & Phelps have announced they will go ahead with a proposal for the reigning champions.
"It was an open meeting with very constructive dialogue and myself and the executives from Ticketus asked a lot of questions, and answered a lot of questions.
"We are in good shape for Friday. We will be making an offer to buy Rangers. "
He added: "It's obviously up to the administrators to evaluate any offers that come in, but I think they will have to crack on in terms of a decision.
"I would like to think we would get an answer next week and we are hopeful of being able to take control of the club and stabilise the situation.
"That is the main thing - Rangers needs to be saved in its current form and then plans can be put in place from there.""We had a very good meeting with the administrators," Murray told the Evening Times.