Charles Green today completed his purchase of Rangers` assets - shortly after former manager Walter Smith announced an 11th-hour bid.
Green completed his £5.5million newco acquisition after his Company Voluntary Arrangement was formally rejected.
The former Sheffield United chief executive stressed he wanted Ally McCoist to stay following morning reports that the manager was on the verge of quitting after apparently discovering that Green planned to replace him.
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The new scheme also aims to help prevent the growth of diabetes, of which there are three million sufferers in the UK.
Up to 10cm of snow could hit parts of Britain today as forecasters predict a cold snap in the lead-up to the New Year.
Hacking group Lizard Squad claimed responsibility for the attack which left thousands struggling to access their accounts for hours.