FORMER Rangers owner Craig Whyte says he is confident any investigation into his time in charge of the Ibrox club will find no wrongdoing.

A year after the company that ran Rangers went into administration, Whyte said he would happily co-operate with any investigation looking into his takeover and the subsequent insolvency.

And he insists he can still sleep at night despite being disgraced over the club's financial problems.

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Whyte has previously claimed representatives of former club administrators Duff & Phelps – under its previous entity MCR – were aware he was raising more than £20 million through selling off season-ticket income to the London-based Ticketus to facilitate his £1 takeover of Rangers from Sir David Murray in May 2011, and pay off an £18m debt to Lloyds.

Duff & Phelps subsequently negotiated a sale of the club's assets to a consortium led by Charles Green for £5.5m. It was thought at the time this was in the form of a loan, to be repaid by the club with interest by 2020.

Mr Whyte said he did not live in fear of arrest saying: "I welcome any fair investigation. And if I was a crook or a wide boy, do you really think I would be stupid enough to go in and do anything remotely crooked at a high-profile football club? The whole notion is utterly ridiculous."

Earlier this month, HMRC lodged an appeal against a tax tribunal finding in favour of Rangers' past use of Employee Benefit Trusts.

HMRC claimed the scheme, which was used from 2001 to 2010 to make £47.65m in payments to players and staff in the form of tax-free loans, was illegal.