Rangers chief executive Charles Green believes the creation of a European super league is inevitable “because big teams can’t keep subsidising small teams like Southampton”.

The Ibrox chief made the comments as the club unveiled plans for admission to the Alternative Investment Market of the London Stock Exchange.

Rangers, who were demoted to the Scottish third division in the summer after being resurrected from financial ruin, are hoping to raise £20m from the move.

Despite their spectacular fall from grace, Green believes the club would receive an invite into any new breakaway European league.

And he is adamant that one will eventually be formed.

“There will be a European league because big teams can’t keep subsidising small teams like Southampton for the next 10 years because they will go stale.

“Arsenal don’t want to play Southampton or Swansea, but ask them if they want to play Celtic or Rangers. It’s what the fans want to see.

“Fans across the world want to see Manchester United play Barcelona, not just once every few years but every season.

“If there are two divisions of 18 clubs, how could Rangers not be a part of that?

“I’m convinced it will happen because otherwise where will the revenues for the top come from?

“These days Arsenal are struggling to sell out their game against West Ham.

“How can Manchester United’s revenues be £320million and Aston Villa, who are completely useless, get £250m?

“It all comes from Sky and it’s not decided by what a club puts in.

“What Manchester United put into world football is massive, but what they take out of it is a joke and they won’t put up with that for much longer.”