'Feeder club discussion a disservice to Rangers & Leeds' - Marathe

New Rangers vice-chairman Paraag Marathe - who is also Leeds United chairman - shut down any talk of either being each other's feeder club.

Marathe, who is also a senior executive with the San Francisco 49ers, quelled any such concerns as well as worries that Rangers' European involvement could be threatened by their ties to Premier League side, Leeds.

"It would be a disservice to Leeds and Rangers to consider one a feeder club to the other," he said after Monday's extraordinary general meeting where the new owners' £20 million investment was approved.

"Consider them both closed-loop universes that deserve proper attention and nurture and care – we will designate and assign resources appropriately.

"But it's obvious that there are opportunities to learn from each other, whether it's commercially or competitively on the pitch.

"In my mind it's a real positive to have two clubs like that, but there's not one that is subordinate to the other. That would be a disservice."

Marathe also assured there would be no similar problems to those encountered by Crystal Palace, whose Europa League spot was in doubt before American owner John Textor – also a shareholder in French side Lyon – sold his stake in the London club.

"We have checked the box with those that we need to to make sure that if and when there was ever even a situation where there was even the perception of a conflict, we would solve that," Marathe added.

"That has already been solved, so we are good there."