Rangers Set for £25m Transfer War Chest as 49ers Near Takeover Completion
Rangers fans are bracing for a transformative summer as the San Francisco 49ers Enterprises edge closer to finalising their majority takeover of the Ibrox club. With their 51% controlling interest now secured, the American consortium — led by Andrew Cavenagh — is poised to inject fresh ambition into the Scottish giants, promising a £25 million summer budget for the incoming manager.
Having clinched just one Scottish Premiership title in the past decade, Rangers are desperate to break Celtic’s recent dominance. The Hoops are closing in on a fourth straight league crown and eyeing a third consecutive Scottish Cup as they prepare to face Aberdeen in the final. For Rangers, domestic disappointment has contrasted with European highlights, including victories over Fenerbahce, Nice, FCSB, and Malmo. However, their continental run ended with a 2-0 defeat to Athletic Bilbao.
The new ownership’s vision stretches beyond fleeting success. Their aim is to restore Rangers to Europe’s top tier while ending a barren spell in domestic silverware. To that end, a significant summer overhaul is on the horizon. A £25 million transfer kitty awaits the next head coach — a clear signal of intent to narrow the gap to Celtic.
According to *Football Insider*, the managerial appointment will come after the season concludes, with the 49ers intent on building strategically. While Rangers reached the Europa League quarter-finals and League Cup final this season, their Scottish Cup exit at the hands of Queen’s Park and a 15-point deficit behind Celtic in the league highlights the work required.
In a crucial development, Sun Sport reports that Cavenagh and the 49ers have now obtained the shareholding needed to finalise the deal by late May, dismissing earlier speculation that Sandy Easdale’s involvement was essential. Legal formalities remain, and while no official announcement is imminent, behind-the-scenes efforts continue.
As for the managerial vacancy, one name can be ruled out: Giovanni van Bronckhorst. Despite leading Rangers to a Europa League final and a Scottish Cup victory in 2022, the Dutchman confirmed on TNT Sports that he will not return, stating: “No. For me, that book is closed. Maybe as a fan, but no.”
The 49ers’ arrival signals a new chapter at Ibrox — one filled with high expectations, financial backing, and a renewed push to bring Rangers back to the summit of Scottish and European football.