With debts of around £89million, Rangers will need to bounce straight back up to help heal their financial woes.
But Redknapp said that he had not spoken to the hierarchy about the financial situation.
He added: “I wouldn’t have a clue about the finances.
“I’ve said before, it’s a different story with managers now than it was 15 or 20 years ago. We are not involved in that side, deals are done by chairmen and chief executives.
“I don’t know the wages really, I don’t ask what people are earning.
“I might have asked about one or two but in the main it doesn’t happen with managers now.”