Businessman Murray, 56, said he pulled out of the deal at the last minute because of doubts over the buyers' plans for the Gers.

Murray, who bought Rangers in 1988, told Scotland on Sunday: "Everything was pretty much agreed and then I said, 'Look gentlemen, before we do this, can you tell me how you're going to run this club?'

"I'm sitting there with all the legal documents in front of me and they outline their plans.

"'We'll carve this up, and we'll sell that off', and after a while I said 'Enough, we're not doing the deal.'

"We got up and walked out. We took our papers and went out of the door. It wasn't for Rangers."