THE Scottish Football Association is demanding "specific answers" to questions over the takeover of Rangers and could order another inquiry following the findings of an investigation undertaken by Pinsent Masons.

The international law firm was commissioned by the Ibrox club "to investigate the connections between Craig Whyte and former and current personnel of Rangers and its subsidiaries.

It has still to report and Stewart Regan, the chief executive of the SFA, said yesterday: "There are some very specific questions we have asked that require some very specific answers. If we don't get those answers, we reserve the right to further investigation."

Regan, announcing a two-year extension to the William Hill sponsorship of the Scottish Cup, added: "The nature of the questions we have asked relate to the links between [Charles] Green, [Imran] Ahmad and Whyte, the details surrounding money that was lodged in Ahmad's mother's bank account and various conversations that allegedly took place."

He said: "We should get some specific answers on those. We have seen the scope of the Pinsent Mason report, it's very detailed and thorough. We expect to see a lot of detail when it comes back in the near future."

There has been speculation that Rangers could lose their licence to play but what is at stake is the club's membership of the SFA.

Regan, however, was keen to dampen fevered forecasts over the future of the club.

"It would be wrong to speculate as there is so much detail that has to be gathered and clarified. It would be scaremongering to suggest that," he said of the potential for Rangers to lose their membership.

Rangers have dominated the agenda in a turbulent period in Scottish football and Regan said of the crisis that has engulfed the Ibrox club in the past 18 months: "I can't believe after 12 months we are still talking about Rangers. I'd thought for the fans' sake that it would be a bright new dawn."