THE chief executive of an investment company linked to disgraced former Rangers owner Craig Whyte has defended his decision to continue staking a legal claim over its business and assets.

And in the wake of a fierce backlash from fans over Worthington Group's role, chief executive Doug Ware warned against "libellous comments" after attempting to "correct certain misinformation placed on various bulletin boards by anonymous posters" and said he had instructed lawyers to bring proceedings against "the worst offenders".

While not clarifying who was responsible for the comments, he sought to clarify the company's position on Rangers and Craig Whyte, saying he met with the disgraced former club owner for "no more than 15 minutes" adding that he "had never met him previously" while sorting out a deal which gives company a claim over his legal action.

In October, last year, auditors Deloitte flagged up the legal battle over ownership, saying it was a key uncertainty hanging over the Ibrox business. Rangers have consistently said Mr Whyte's claims have no merit.

Mr Ware said: "As CEO I have a duty to protect the interests of our shareholders and so the recent attempts to denigrate the company and its achievements are not something that I will tolerate."