Charles Green has told Rangers fans he will not "abuse" their money, insisting he will not use cash from season ticket sales to fund his takeover.

The former Sheffield United chief executive - who is leading the consortium in place to buy the administration-hit club - was responding to comments made by Ibrox director Dave King, who urged fans to reject the Company Voluntary Arrangement (CVA), which will be voted on by creditors next Thursday, while calling on supporters not to renew their season tickets until Green reveals the details of his plans.

Craig Whyte completed his own takeover of Sir David Murray's majority shareholding last May with money from the sale of future season ticket income to investment firm Ticketus.

Copyright (c) PA Sport 2012, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: