What McMurdo said about McColl and investing in Rangers; "McColl was part of a failed bid to get Rangers previously and is apparently averse to paying much for the club and opposed to investing in it. His reasons are seemingly that he doesn’t rate Rangers as a good business to invest in." What McColl actually said; "I am 100% focused on my own businesses and the strategy which I have agreed with the investors in my funds. I am duty bound to honour that agreement. "This is not because I don't believe investing in Rangers would be a good investment, it is because of the commitment I have made to my own businesses and to my partners. "On the contrary, I believe that with a strong, reconstructed, effective and highly competent board to restore financial transparency, stability and success to the club, it is a very attractive investment opportunity."