The Rangers Supporters Assembly met chief executive Martin Bain tonight and raised a wide range of issues they felt Rangers fans wanted addressed.

Rangers Supporters Assembly President, Andy Kerr, said: " We wanted to separate some of the fact from the fiction."

During the meeting Martin Bain said:-· Contract offers had been made to first team players Kris Boyd, Kirk Broadfoot and Nacho Novo and these offers remain on the table. The Club was not inhibited in making these offers.

· The Club did not have to sell Pedro Mendes but the player and the manager had agreed that a move to Portugal was in the player's and the Club's best interests.

· The Club was being run on a daily basis by himself and Walter Smith and within a business plan agreed with the Lloyds Banking Group.

· Despite the recent publicity about the bank's involvement with the Club, it should be recognised that the Lloyds Banking Group continued to offer banking facilities to the Club to finance operations.

· Walter Smith's recent comments about the future of the Club were stating the obvious that the club needed new investment and many would share his concern. The manager's comments reflected the views expressed by the chairman, Alastair Johnston, at the Club's AGM in December.

· Efforts are continuing to secure new investment for the Club.

· The Club was aware of fans' desire to help and no potential source of investment was being ruled out. However, he re-iterated the chairman's comments that any form of investment would have to underpin and sustain the operations of the Club on an ongoing basis.

Following the meeting, Andy Kerr said:" There were specific aspects of the ownership issue which Martin Bain made clear he could not discuss but we felt he was as open and frank as possible on matters which are of great importance to the fans."

Martin Bain added:" I empathised with the supporters' representatives as they want the best for the Club. Everything possible is being done for the Club in difficult circumstances. Fortunately, Walter Smith and his team are doing tremendously well and everyone is united in admiration for what they are currently achieving."