"I've been quietly looking for minority investors to come back into the ownership of the Rangers as a way to be prudent in a bad economy," he said.

"I'm doing the same thing with the Stars. At the end of the day, I'll still have 51-to-60 per cent of the ballclub and have new partners. That doesn't change anything.

"I own 95 per cent of the Rangers. I started out owning 55 per cent and over the past 10 years I've been slowly buying out partners that wanted to sell. There's no reason to own 95 per cent. There aren't many owners who own 95 per cent."

There is no suggestion that he will budge on any sale of Liverpool though, and the club's other owner George Gillett has also recently denied reports that he is preparing to sell up.