By Sunday 
Majority Stake Deal Nearing Completion
The long-anticipated takeover of Rangers by the San Francisco 49ers-led investment group could be finalized between April and June, according to recent reports.
A “broad agreement” is said to be in place between the involved parties, paving the way for shareholders to sell part or all of their stakes to the 49ers Enterprise investment arm in the coming months.
Ownership Shift on the Horizon
According to the BBC, the group, led by Paraag Marathe, is set to acquire over 50% of Rangers’ shares. The earliest possible completion date is April, though negotiations could extend into June if further details need to be ironed out.
As part of the takeover, the new owners will reportedly assume existing debt, a significant portion of which is owed to John Bennett.
Talks Have Been Ongoing for Months
While no official deal has been signed, discussions between Rangers’ leadership and the 49ers Enterprise group have been taking place for months.
A Rangers spokesperson remained tight-lipped, stating, “It is not our policy to comment on speculation. If there were any such discussions, these would remain confidential.”
Potential Shake-Up in Leadership
The 49ers’ investment will likely secure them representation on the Ibrox board, potentially leading to major changes in the club’s leadership structure.
Currently, the club’s largest shareholder is Dave King, who holds nearly 13% through his New Oasis Asset vehicle. Other key stakeholders include Douglas Park (11.54%), George Taylor (10.22%), Stewart Gibson (9.53%), and John Bennett (7.11%).
It remains unclear which shareholders will sell, but King has previously hinted at “investor fatigue” at Ibrox. He previously stated, “I wouldn’t be looking to invest more money in the club. I don’t think that’s the way forward… I think the way forward is in fact for us to attract additional investment.”
With negotiations progressing, the coming months could mark a significant shift in Rangers’ ownership and long-term strategy.