Businessman Craig Whyte said on Thursday he was considering making an offer for Scottish Premier League champions Rangers but had not yet approached the board.
"Mr Whyte confirms he is considering making an offer for RFC and is in talks with Murray International Holdings Limited (MIH) but these are at an early stage and there can be no certainty that an offer will ultimately be made," said a statement.
MIH, which owns more than 90 per cent of Rangers and is chaired by former Rangers chairman David Murray, said in June it was no longer seeking a buyer after the team qualified for the Champions League and put the club finances on a firmer footing.
But Rangers have now confirmed MIH is in early discussions with 39-year-old Scottish entrepreneur Whyte.
Having secured their 53rd Scottish title in April, Rangers lead the standings this season with one just defeat in 13 games and can still reach the Champions League knockout stage.