Rangers Football Club has entered administration - meaning the club will be docked 10 points, effectively ending its Scottish Premier League challenge.
Mr Whyte has acknowledged that the club has a £10m deficit in annual running costs.
It was reported last week that the chairman had also borrowed up to £24m against four years of future season ticket revenue from Ticketus.
Most serious of all, Rangers awaits a tax tribunal decision over a disputed bill, plus penalties, totalling £49m.
Mr Whyte was reported on Monday as saying this potential liability to HMRC could reach up to £75m if the club lost the tribunal.
http://www.bbc.co.uk/news/uk-scotlan...172#TWEET77984
