Walter Smith shrugged of the potential takeover bid for Rangers and claimed he is not involved in what goes on behind the scenes. The manager maintained he is firmly focussed on what happens on the pitch as the Ibrox side secured a 3-1 win over St Mirren on Saturday.

When questioned about David Murray possibly selling his shareholding in the Glasgow club, Smith said: "I've got no idea. I don't know anything about the proposed takeover so there is no use asking me."

Asked about any sense of relief should Rangers’ financial insecurity be brought to an end, the boss was no more revealing.

“It would be a big relief to everyone at the club if we managed to win the seven games [for the title],” said Smith. "That would be as big a relief for the club as anything."

Rangers’ win over the Buddies took them 13 points clear at the top of the SPL, with Celtic playing on Sunday at Falkirk, and Smith has continued to get the best out of his players despite the turmoil surrounding the club.

"For 18 months now we have been doing that," said Smith, whose win over Celtic all but secured the SPL title.

"Not just me, my staff and all the players have been doing that for that period.

"Whatever is happening around the club at the present moment is happening. We will just try to continue as we have done over that period."

Rangers confirmed on Saturday that major shareholder Murray was "considering options" regarding his shareholding in the club following reports that a takeover could be imminent.

A consortium headed by London-based property developer Andrew Ellis, a former director at QPR, is reportedly preparing to make an offer. While reports also claim that othe parties are considering take over bids of Rangers despite the club’s £31 million debt.

Murray stepped down as chairman in August, with the Rangers board now working to a business plan in conjunction with Lloyds Banking Group. Responding to the speculation, Rangers released a statement reading: "The board of directors of the Rangers Football Club plc is aware of the recent takeover speculation in the media and refers shareholders and supporters to a previous statement issued in October 2009.

"The club's board has been advised by its principal shareholder, Murray International Holdings Limited, that it is considering options regarding its shareholding in the club and this may or may not lead to MIH disposing of some or all of its stake in the club to a third party.

"The directors of the club will keep shareholders advised of key developments but the board is unable to comment further at this time."

Rangers manager Smith and his backroom staff have been working without contracts since January in a bid to ease the financial pressure on the club. The Ibrox boss has also been unable to recruit any new players since August 2008.