FORMER Rangers owner Sir David Murray has hit out at an SFA report which criticises his sale of the club to Craig Whyte.

The report accuses Murray of ignoring warnings about Whyte's past business career and selling the club for £1 under pressure from Lloyds TSB.

However, the businessman has reacted angrily to the document, claiming he was never consulted by investigators.

Murray said: "The SFA committee has decided to print a document as factual without even giving me the courtesy of responding.

"Surely for the benefit of doubt, at least a meeting should have taken place or an invitation to speak, which they never gave me. I find it incredible that as someone who was the owner of Rangers for 23 years I was not asked my opinion. The report is not 100% accurate.

"They have also not taken into account statements I have made about my role. I don't agree with their interpretation."

The report, by SFA panel members Gary Allan, QC, Eric Drysdale and Alastair Murning, claims other directors warned the businessman about Whyte's business career.

It contradicts Murray's earlier claims that he was duped by Whyte and was unaware of his chequered history. He claimed he looked up Whyte on the internet and found nothing to give him cause for concern.

Murray added that statements on his relationship with Lloyds TSB in the report are also incorrect.

He said: "It wasn't the case that Lloyds wanted out of Rangers especially. They did not want to be in the football industry.

"In terms of legal action, I will consider my options."

Murray has been facing increasing criticism from fans over the last few months as detail about the sale emerged.

Rangers manager Ally McCoist has also commented on the deal, saying: "It certainly looks like the wrong decision."

The SFA responded to Murray's claims by saying the report is based on the information available to them at the time.