Alious
A major change at the top of one of Scotland’s most iconic clubs appears to be nearing a conclusion, with a highly anticipated ownership transition now said to be firmly back on track.
Longstanding whispers of a full-scale takeover by an American-led group have dominated conversations around the Govan-based side in recent months. While early agreements had been reached between the 49ers Enterprises, fronted by Paraag Marathe, and key stakeholder Andrew Cavenagh, lingering legal processes had sparked uncertainty among supporters and observers alike.
But fresh developments from within the club suggest those doubts are finally being put to rest. Reports indicate the deal is now “closer than ever,” and sources close to the situation have downplayed previous speculation of internal obstacles or hold-ups.
According to insiders, the consortium has now successfully acquired the critical 51% controlling interest required to finalise the acquisition. Former chairman Dave King is said to view the move as a pivotal part of his legacy, while prior claims that approval from past director Sandy Easdale was essential have reportedly been dismissed.
Despite this positive momentum, the incoming ownership group faces an enormous challenge in reviving the club’s competitive edge. A sizeable gap to their fiercest rivals at the top of the Scottish Premiership remains, with managerial uncertainty and a squad in need of restructuring only adding to the pressure.
Several high-profile names within the current squad could attract interest from English clubs this summer, threatening to disrupt the new regime’s rebuilding efforts. However, the consortium’s takeover is also expected to usher in a new era of stability, potentially ending the boardroom conflicts that have overshadowed recent years.
With fans craving progress both on and off the pitch, the looming completion of this deal could mark the start of a new chapter—one driven by ambition, investment, and a fresh vision for Rangers’ future.
Alious
