Stewart Regan has urged prospective Rangers buyer Charles Green to share his vision for the club with the Scottish Football Association.
In the absence of a ‘fit and proper person’ test on new investors in football clubs, the governing body relies on individuals to volunteer information which may impact upon their ability to hold a position in football.
The Scottish FA is taking steps to strengthen its power over who is involved in its member clubs but, in the meantime, Regan is urging Green to reveal who is behind his consortium and open up to his organisation.
"I do want him to be up front with us on who is in the consortium," Regan told The Herald.
"I think there's an obligation on him to share that with us. I am keen to understand how he plans to run the club, not just the board but the day-to-day management.
"It's about giving him the chance to share his vision for the club. It is very difficult for the governing bodies to stop people putting money into clubs. It's not our job.
"We try to govern football but we can try to make it a little more difficult for an outgoing regime to sell a club without taking more care, which is one of the proposals at our AGM."
The Scottish FA were criticised for failing to carry out due diligence on outgoing Rangers owner Craig Whyte, who purchased an 85.3% shareholding in the club in May last year.
The businessman failed to declare he had been banned as a director prior to taking over at Rangers and subsequently withheld PAYE payments to HM Revenue and Customs on employee wages.
Rangers were fined £160,000 and banned from signing players over the age of 18 by a Scottish FA tribunal recently, a decision which is under appeal. Whyte was banned from any future involvement in Scottish football.
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