Ex Dundee United chairman Stephen Thompson reveals he has filed for bankruptcy as he reignites Rangers rivalry

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Ex Dundee United supremo Stephen Thompson revealed he has applied for bankruptcy after hitting rock bottom and jokingly threw his hat into the ring for the Rangers CEO job as he looks for a return to football.Thompson took over at Tannadice after dad Eddie died from cancer and it was a roller coaster time at the club from winning the Scottish Cup to relegation from the Scottish Premiership.

He became a hate figure among the Ibrox legions around the time of the Light Blues financial collapse and he quipped that he could be line for a job there.The diehard United fan gave a frank interview on BBC Scotland’s Off the Ball with Tam Cowan and, after selling his father’s Eddy's Food Station stores to Spar, admitted: "I've kind of hit rock bottom to be honest.

I signed a petition for bankruptcy yesterday which isn't a great place to be in life. The stores were making money but we started out at the wrong time.

I'd like to get back in football but it's not easy to get back into.”And on Rangers he said: "Well, they do need a chief exec don't they?

Read more on dailyrecord.co.uk
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