Bid Offers In 2012 a consortium of investors put forward a bid for the Rangers Football Club plc. The bid details were as follows: £5,000,000 in cash; cancellation of an existing Rangers debt worth £8,000,000; an additional sum of £500,000 payable for the shares of the major owner; the assumption of the football debts (up to a maximum of aggregate amount of

£1,000,000) owed by the company to Scottish football clubs;

Rangers Football Club successfully qualifying for the group stages of the UEFA Champions League competition to be held in seasons 2012/13 and/or 2013/14, an additional £500,000;

and on Rangers Football Club successfully qualifying for the quarter-final stages of either of the UEFA Champions League competition to be held in seasons 2012/13 or 2013/14, an additional £1,000,000. How much cash was actually offered?