Lee McCulloch insists he does not blame any of the Rangers players for wanting to leave the Ibrox giants.
Just seven of the midfielder's team-mates decided to join owner Charles Green's newco.
However, Allan McGregor, Steve Davis, Stevie Naismith, John Fleck, Steven Whittaker, Kyle Lafferty, Sone Aluko, Jamie Ness and Rhys McCabe have all opted to leave the Gers this summer.
McCulloch, 34, has been informed he would be within his rights to walk away from the club on a free transfer at the start of July, but he is not willing to turn his back on the Glasgow outfit.
However, the former Motherwell and Wigan player fully understands why many players have decided to quit Rangers.
"I would have preferred the lads to have stayed with Rangers but they have chosen not to. I respect and understand exactly where they are coming from," he told the Sunday Mail.
"I don't blame any of the guys and I do not look upon them as turning their backs on the club. I also think it's wrong to accuse them of chasing money.
"All they have done is look out for their families and their careers. Most of the guys who have left are internationalists and need to be playing at a certain level.
"It should be remembered the sacrifices they made to help save jobs at this club. They gave up hundreds of thousands of pounds for the good of the club when we went into administration.
"That should never be forgotten and it wasn't the act of selfish men. I don't have any hard feelings towards any of them and I never will. They have been my mates and I know it will remain that way for years to come."