Scottish Football Association chief executive Stewart Regan has revealed his organisation is considering a change to its rules on who can own one of its member clubs.

The governing body has been criticised for failing to stop Craig Whyte from buying an 85% shareholding in Rangers last year, with no obligation for the Scottish FA to carry out any due diligence.

The businessman subsequently put the club into administration in February, having failed to pay employees’ PAYE to HM Revenue and Customs.

Current Scottish FA “fit and proper” guidelines rely on clubs to disclose any reasons an individual should not be involved with a club.

In an interview with Channel 4 News, Regan insists his organisation did all they could over Whyte and says the future sale of clubs could be subject to greater scrutiny.

“We complied with the current processes within our articles,” he said. “That said, I think there are a number of learnings. I think the same goes for football right across the globe.

“People are coming into football, a multi-million pound business, and I think football needs to take a harder look at what can be done differently.

“We are currently exploring the possibility of carrying out due diligence using the outgoing regime to make sure there’s a full and rigorous set of research done before the transaction is allowed to go ahead.”

With Whyte subsequently found by the Scottish FA board not to be a fit and proper person, Regan concedes there is a need for lessons to be learned inside Hampden.

“I think there are learnings, undoubtedly,” he said. “We will review where we can tighten up as I know is happening right across the game right now.”