Alex Rae claims there will be major investment coming into Rangers in January and the club will not be forced to sell the likes of Alfredo Morelos.
The former Light Blues midfielder insists there is a cash injection on the horizon after the club announced they needed £10million before the end of the season.
The figures released earlier this month stated Rangers had suffered an annual loss of £11.3m resulting in claims the club would resort to cashing in on Morelos in the New Year.
Rangers boss Steven Gerrard and sporting director Ross Wilson insisted the Colombian striker will be going nowhere in the upcoming transfer window.
And Rae believes that will be the case as Rangers will receive the required funds from elsewhere.
He said on Clyde 1's Superscoreboard: "Now it is my understanding at the turn of the year there will be another share issue done, which will provide considerable money.
"And there will be major investment coming into Rangers."
Host Gordon Duncan probed Rae, saying: "We have heard this stuff quite a lot though, haven't we?"
Rae added: "I've heard it from a very high source in Ibrox so I would prefer to believe that instead of anybody from Twitter."
