STEVEN GERRARD believes increased fan ownership at Ibrox would be a 'positive' as he awaits further details on the ramifications of Dave King's share sale to Club 1872.

The former Light Blues chairman has confirmed that he will hand over his 20.37 per cent stake in RIFC plc to the supporter organisation if they can raise the required £13million purchase price in the next three years.

Gerrard has maintained a strong relationship with King following his departure from the Ibrox board and Club 1872 will now become the single largest shareholder in Rangers.

Gerrard said: "I don’t think much changes for me in terms of the dynamics and how things work. Obviously Dave stepped aside some time ago.

"My relationship with Dave is very strong, I am still in constant dialogue with Dave. Although the news was new to me. I didn’t have any idea that was going to break.

"I haven’t really had time to read up about it or educate myself, if you like, on what could happen in the short, medium and long term.

"I suppose it is a positive in terms of what I have read so far, in terms of the fans getting closer and giving them more ownership.

"But, look, with stuff like that at that level of the club, I will leave that to the people in the suits and the businessman to do the right thing by Rangers.

"For me, on a daily basis, nothing really changes but I am sure when I have future chats with Ross and Stewart and the board I will be brought up to speed with what is going on in the short, medium and long term."