FORMER Rangers chairman Sir David Murray is not planning to invest in the club again despite reports of a return.

The Daily Express claims the 66-year-old is interested in re-establishing a shareholding in the Ibrox side but the Sun has said that is not the case.

The one-time Ibrox chief stepped down in 2011 after controversially selling the club to Craig Whyte for £1.

Mr Murray’s business empire has improved since then and it was claimed he was willing to buy his way back into Rangers.

But it is believed that Murray does not intend to put any of his finances back into Rangers.

Mr Murray - whose fortune last year was an estimated £150m - secured ownership of Rangers back in 1988 and oversaw a period of great success for the club.

Rangers won 15 league titles, nine Scottish Cups, 11 League Cups, and reached the final of the Uefa Cup during the steel tycoon’s reign.

But his reputation was tarnished after Rangers OldCo's liquidation in 2012.