Former Rangers owner Craig Whyte has agreed to sell the film and book rights to his side of the story with regards to the explosive collapse of the Scottish club.

Following Whyte's takeover in May 2011, the former Scottish Premier League champions drifted into administration by February last year due to financial woes, including £18m of unpaid tax.

According to stvnews, the Worthington Group announced to the stock exchange: "It has been agreed that, pursuant to the agreement certain other related rights, assets and causes of action will be transferred to the Law Financial Group or directly to Worthington.

"Those assets include the book, film and television rights to the two takeovers of The Rangers Football Club in 2011 and 2012 as it relates to Craig Whyte. It is intended that these rights will be commercialised in due course."

Worthington Group have acquired 26% of Whyte's Law Financial Limited company.