And, speaking to BBC Radio Scotland's Good Morning Scotland programme, Green contended: "There is no-one to stand in front of them, this should have been done when the SPL had jurisdiction, and they didn't do it.
"You are allowed to have an EBT, you have to disclose it, and of course there is a whole raft of information that when these EBTs were being used they were disclosed.
"They were in the accounts, it's public knowledge, Rangers were a public company, you can go on the internet and see the disclosures."
Rangers, who were relaunched by Green's consortium after the former incarnation could not be saved from liquidation, were placed in the Scottish Third Division after Green's bid to take over the SPL share previously owned by the club was rejected.
And Green has suggested the Ibrox side may not seek re-entry to the top flight, should they be successful in progressing to and winning the First Division.
"Unless the SPL welcome us with open arms why would we go back there," he added.
"Ten clubs voted Rangers out of that league, what makes you think they would want Rangers back in.
"It begs the question will the league still be there in three years' time."
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