In an exclusive interview, Jim McColl tells business editor Ian McConnell about his big plans for Rangers.
"I am a small shareholder, like many other fans. I am only exercising my right as a small shareholder. It is only because of my position in the business community that I am in the front line here.
"It is not because I am a Billy Big Bollocks with a big cheque. This club has suffered for a long time by being the plaything or the ego trip for people with a big cheque. We need to move away from that.
"It is not about who can write the biggest cheque. This is about getting a solid, robust board in place to move this forward as a publicly-listed company with a broad shareholder base and a professional board.
"It is an iconic club. The importance of it to Scottish football, to Glasgow, is immense. Much in the same way as, in my business, I tend to take over businesses where the brand has been under-invested in and has huge potential, like the Weir Pumps business we took over, this is another example of a fantastic brand (with) world potential.
"I guess the reason that I got involved [in the Rangers situation] is I kept saying, I kept replaying to people why I can't get involved because I am absolutely committed to my existing funds and fund investors. If they saw me putting a large amount of money into Rangers, they would think, 'What are you doing?' They have given me a large amount of money - I have a responsibility to look after it.
"What really got to me was one of the fan group leaders said 'Jim, for bad things to happen, all that needs to happen is for good people to sit by and do nothing. We are not asking you to put in money or buy a controlling interest in the club but we need someone to spearhead this and you have the experience to do that."
"I thought I could probably do something.
"They [the camp led by Charles Green] come up with all these scare stories, for people not familiar with the intricacies of quoted companies. You need to be able to fight back on that, not be scared by what they say.
"I thought, okay, people are asking for help here. I feel it is an important thing to do, particularly for Glasgow and Scottish football and it is a worthy cause, so I was prepared to do it.
"The last thing I wanted to do was to get involved in it publicly. The institutions that are backing it didn't want to get involved in it publicly. None of them individually would take the lead. There was a lot of people disgruntled.
"All that needs to happen for bad things to happen is for good people to do nothing, and that is absolutely true.
"What I saw happening here is, because no institution will step up, because they don't want the publicity, they would probably end up dumping their shares and taking the loss and the advantage Rangers have by being in the stock market and having access to funds would disappear because no-one would support them in the future.
"I would hope he [Mike Ashley, the Sports Direct founder and Newcastle United owner who is also a Rangers shareholder] would [support his attempt to change the Rangers board] but I haven't talked to him and the other side are trying to make out this is people all collaborating to take control. That is not what this is about.
"It is about people being really annoyed at what is going on, and just trying to get it back on an even keel as a well-governed plc company.
"I think they [Frank Blin, the former executive chairman of PricewaterhouseCoopers in Scotland and former director Paul Murray] will really get to the bottom of what is going on in Ibrox. They will provide stability. Neither of them need to do this.
"I was embarrassed into doing it [getting involved in the Rangers situation], if you like, or shamed into doing it, by being a supporter, by being a businessman in Scotland, who could do something for it. I thought I would choose to do it. As soon as this is over, and there is a good board in place, I will be out of the scene and I will be focused on running my business, and maybe I will get the odd invite to the directors' box. That will be the perk."
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