Paraag Marathe has confirmed that Rangers won't become Leeds United's feeder club.
49ers Enterprises are set to complete a sensational takeover of the Ibrox side, with Marathe spearheading the consortium.
Recently speaking at the Financial Times Business of Football summit, Marathe confirmed that any new football clubs his group takes over won't serve as feeders for others.
The 47-year-old is currently chairman of the Leeds, but Rangers will be a separate entity to the Elland Road side: "We always have our eyes and ears open, we’re always looking at other opportunities," he said (City AM).
"Multi-club from the standpoint of a hierarchy – that’s not really how we’re looking at it. We’re looking at it as almost standalone.
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"Leeds United stands alone and if we were to pursue another club, that club would stand alone. Are there benefits to having leadership and ownership of multiple clubs? Absolutely, with what you could share and do on the commercial side, even sometimes on the sporting side.
"But we don’t really look at it and we haven’t contemplated it as one club as a feeder club to another. Each club deserves all of our attention and effort."
The timeline of 49ers Enterprises' potential takeover remains to be seen.
One of their first duties, if and when they come in the doors at Ibrox, will be to appoint a new permanent manager of Rangers.
Club legend Barry Ferguson is currently in interim charge, having recently replaced Philippe Clement in the dugout.
He will be in place until the end of the season.
How he is viewed by Marathe and Co. remains to be seen, but the wealthy businessman broke his silence on the takeover today: "I can’t really comment on whatever rumours might be out there," he said.
"But we are looking at other opportunities. It is doable to replicate the passion (of Leeds). What we are looking for is clubs with the right bones, a history of success and potential for growth.
"And if you are a sports person, and you live it and treat it as a way of life like I do, then absolutely there is enough room in your heart to love all your sports properties, just like there is to love all of your children!"
