The former Celtic and Heart of Midlothian striker held talks with Rangers manager Ally McCoist and chief executive
But Rangers signed forwards Francisco Sandaza and
Beattie told the Daily Record: "There seems to be a perception the deal fell through because I was holding out for more money - and that could not be further from the truth.
"I was prepared to drop down the divisions not to make a fast buck but because I wanted to be a part of something big.
"I wanted to play my part in getting Rangers back to the top of the Scottish game."
"I spoke to Ally and was under the impression he really wanted me on board and that excited me.
"But in the end, it became obvious he and Green were not on the same wavelength. I don't want to say any more than that."
William Hill has extended its sponsorship of the Scottish Cup for a further two years.