Rangers shareholder Mike Ashley has hit out at the club's board after it failed to block him from voting on club matters.

Ashley, who owns just under 9% of the club's shares, won a battle to stop shareholders blocking him from voting in the club's AGM on Friday.

The Court of Session granted Ashley, who owns Sports Direct, an interim interdict, meaning the club will be unable to vote on a resolution that aimed to deny the rights of anyone who has management interests in another club.

The board said the resolution would safeguard the club from future SFA punishment.

However, in a statement released through MASH Holdings, the Sports Direct chief denied the board's claims, saying the SFA did not have a problem with his involvement in Rangers and Newcastle United.

The SFA has previously fined Rangers £7,500 for Ashley's breach of fual owneship rules.

The MASH Holdings statement said: “The statement implies that the amendment to the Articles will protect against a ‘further breach’.

“However, that amendment, so far as MASH is concerned, addresses a matter which would not be a breach of the rules.

“The SFA has expressly approved Mr Ashley’s shareholding. The fines imposed earlier this year by the SFA were not linked to Mr Ashley’s status as a shareholder, or his ability to exercise voting rights as a shareholder.

“As far as Mr Ashley/MASH Holdings is aware, the SFA has not expressed any concerns over Mr Ashley remaining as a shareholder or having an ability to vote his shares through MASH Holdings Limited in the general meeting.”