Sir David Murray could be questioned by police investigating the financial situation at Rangers FC it has been revealed.
The former club owner sold his shareholdings to Craig Whyte for £1 back in May last year but has since revealed that he was 'duped' by the businessman after seeing the club fall into administration.
Legal experts have suggested that Murray may have to answer questions regarding the takeover as it has come to light that there could be a case to answer against Whyte for breaching company law.
"The police's job at this stage, having been passed evidence by the club administrators, is to assess that evidence and check it with people like Sir David who were involved in the deal.
"The police will then report to the Crown Office, who will then decide whether there is sufficient evidence for a full-scale investigation into Whyte.
"The real issue here comes down to whether or not financial assistance legislation has been breached. This law says that a firm cannot use money raised by a company to buy shares in that company.
"It prevents a circular situation where a firm could overinflate its own value.
"If financial assistance has occurred, the officers of the company - which in this case includes Whyte - could face a large fine or two years in jail.
"The entire Whyte takover could be rendered void, meaning that the £18million paid to Lloyds from the Ticketus money would have to be paid back.""It is extremely likely that the police will wish speak to Sir David as part of their preliminary investigation to gather evidence," a legal source told Record Sport.
