The Gers board member admits his remarks last week about the Villans' lack of competitiveness were inappropriate and has sought to build bridges with the Midlands clubRangers chief executive Charles Green has apologised to Aston Villa after making derogatory remarks about the club.
The 59-year-old made the comments whilst stating his belief that the formation of a 'European League' is the way forward for the top domestic clubs on the continent.
"There will be a European league because big teams can't keep subsidising small teams for the next 10 years because they will go stale," Green had said.
"How can Manchester United's revenues be £320m and Aston Villa, who are completely useless, get £250m?"
Whilst the comments have left sections of the Villa fan base offended, a statement this week on the Rangers club website confirmed that Green has sent a letter of apology to Paul Lambert's side.
Rangers said: "Mr Green has sent an apology to Aston Villa saying there had been no intention to cause offence."