Alious
Rangers’ electrifying Europa League night at Ibrox may prove more influential off the pitch than on it, with high-ranking representatives from 49ers Enterprises and potential investor Andrew Cavenagh in attendance for the dramatic 0-0 draw against Athletic Bilbao on 10 April.
Gretar Steinsson, the 49ers’ global football technical director, was seen arriving at Ibrox alongside Cavenagh ahead of the quarter-final first leg. While the game may have ended without goals, it offered no shortage of intensity—Robin Propper’s red card, a hotly debated penalty call, and Liam Kelly’s crucial save helped set a charged tone that resonated beyond the final whistle.
**Investor Momentum Building as Cavenagh Gets a Taste of Ibrox Magic**
For Cavenagh—who has now been spotted at multiple Rangers fixtures—the latest visit could be the final piece of persuasion needed as he works with 49ers Enterprises to finalise a takeover of the club. And according to former midfielder and pundit Derek Ferguson, the atmosphere alone might be enough to accelerate investment plans.
Speaking exclusively to *Ibrox News*, Ferguson emphasized that it wasn’t just the on-field drama that would impress Cavenagh—it was the electric scenes around Ibrox pre-match, particularly the Union Bears’ organized street party outside Copland Road.
“I hope they weren’t just in their seats for kickoff,” Ferguson said. “Because outside the ground, the atmosphere was already bouncing. The Union Bears put on a real show. This is what being part of Rangers is all about.”
He added that such a passionate supporter base is bound to inspire any incoming owners to go big with their investment: “If they saw that even in clips, they’ll be buzzing to work with this club. The fans make Rangers what it is. That scene alone should light a fire under these guys to come in with ideas and back the club fully.”
**Takeover Talks Quiet, But Far From Cold**
While news of the Rangers takeover has quieted in recent weeks, the presence of Steinsson and Cavenagh at Ibrox suggests the process remains very much on track. Their continued interest, paired with their visible engagement during the high-stakes European night, signals strong intent.
Despite the lack of recent formal updates, all signs point to progress rather than pause. Rangers fans may not have a concrete timeline, but with visible enthusiasm from those involved—and a performance and atmosphere to match—it seems more likely than ever that investment is on the horizon.
As the Europa League campaign rolls on and the domestic season reaches its climax, the boardroom developments at Ibrox could soon match the drama on the pitch.
Alious
