Former Rangers star Brian Laudrup says it is devastating to see the plight of his former club and hopes that a new buyer can come in to save the club.
Rangers were put into administration in February, have suffered a 10-point deduction and last week were given a 12-month transfer ban by the Scottish FA.
The Danish maestro won three SPL titles with the Scottish giants and admits the current outlook at Ibrox is "gloomy".
Laudrup also insists that their great rivals Celtic need Rangers to survive for the good of Scottish football.
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