Rangers takeover silence broken amid American interest as John Bennett names the Ibrox scenario that will NEVER happen

Rangers vice-chairman John Bennett has played down speculation that the club could be sold as he laid bare the vision to "never again" let the club have one single owner.

American investor Kyle Fox has made a written pledge to pump £75million of cash into the vaults over a five-year period if she is successful in acquiring a 25 per cent stake in the Scottish Premiership club, but talks have not got off the ground between the businesswoman and the Rangers higher-ups. Miss Fox had originally hoped to buy a 75 per cent holding at 25p per share, Fox decided to up her offer to 40p for a 25 per cent stake, which would make the 49-year-old the club’s major shareholder.

Bennet has now spoken fn the offer for the first time, but alluded to avoiding a repeat of Craig Whyte's 2011 takeover when he took on Sir David Murray's majority shareholding in Rangers for £1 while agreeing to take on millions in debt. Under Whyte's stewardship, the Rangers business went into administration and then liquidation in 2012.

When asked about speculation over a potential takeover during an in-house interview, Bennett offered a lengthy response. He said: "It's not unusual for this football club, and perhaps other football clubs, to be approached by potential investors.

"Some of those come to fruition, some of those have come to fruition. Stuart Gibson came to us and that worked, John Halstead came to us and that worked for both parties. They were both perfectly supportive investors in the club and with that in the board room, and outside the board room. I've talked in the past about George Letham, George Taylor was outside the board room and is now in the board room. But others, we have terrifically supportive investors.

"Don't take my word for