Johnston, directors John McClelland, Martin Bain and Donald McIntyre and former Ibrox captain John Greig formed a committee to consider bids.

BBC: Murray announces Rangers no longer for sale

The promising openside flanker is joined by versatile back John Houston and scrum half Greig Laidlaw in signing up for a further two years.

BBC: Rennie signs extension until 2010

Dr John Twigg, a researcher at the Benfield Greig Hazard Research Centre of University College, London, says most governments invest in post-disaster response and very little in making people secure.

BBC: Can money stop an earthquake?