Rangers in advanced talks over San Francisco 49ers investment bid
Last updated 20th Feb 2025
Takeover talks between Rangers and possible investors in the United States are at an advanced stage.
A consortium backed by San Francisco 49ers president and Leeds United chairman Paraag Marathe is said to be looking to take a controlling stake in the Scottish Premiership club.
The consortium, which is backed by other wealthy investors in the US, has reportedly been in talks since last year to become the Ibrox club's single biggest shareholder.
Francisco 49ers Enterprises first invested in Leeds in 2018 and increased its stake from 15 per cent to 44 per cent in 2021 before completing a £170m deal to buy the club outright in 2023.
Marathe is listed by Forbes as having a personal worth of around £4.7billion.
Former Rangers interim chairman John Gilligan alluded to potential investment at their AGM in December.
He said: “There is fresh investment coming into the club.
“The current investors have invested considerably over the years and are willing to do so again.
“We are open to anyone who approaches us on investment.
“We get approaches from all over the world from various sources.
“But it has to be the right people and the right conditions and for the right amount of shares."
On the potential deal, a Rangers spokesperson said: "It is not our policy to comment on speculation.
"If there were any such discussions, these would remain confidential.”
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