Rangers are in lively takeover talks with 49ers Enterprises for a controlling stake of no less than 51 per cent, talkSPORT understands.
The Scottish facet have confirmed that ‘productive conversations’ are ongoing with the group, who owns NFL facet San Francisco 49ers, in addition to healthcare tycoon Andrew Cavenagh.
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A joint assertion has been issued by each the Ibrox outfit and the potential incoming buyers.
It learn: “Rangers and its present shareholders are in productive conversations with the 2 lead members of the Consortium, Andrew Cavenagh and 49ers Enterprises World Soccer Group, in regards to the potential for the Consortium to amass management of the membership and to inject extra capital.
“These discussions mirror a shared recognition of the significance of Rangers FC’s long run route, ambition and administration.”
Cavenagh and 49ers technical director Gretar Steinsson have attended quite a few Rangers matches this season.
It needs to be no shock to followers {that a} takeover could possibly be accomplished with all events believed to have been negotiating since October.
No timescale has been given over when a deal could also be finalised.
Although it’s anticipated to be accomplished previous to the 2025/26 marketing campaign.
Rangers have been open to a takeover having posted a web lack of £17.2million in October.
Based on Forbes, the 49ers Enterprises are valued at a whopping £5.7billion.
Ought to their takeover be accomplished, Rangers would grow to be the second British soccer membership to be a part of the 49ers household, as additionally they personal Leeds United.
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The Whites lately secured their promotion again to the Premier League – two years after the 49ers took management..
And the 49ers stay dedicated to determine Leeds a sustainable top-flight facet.
A spokesperson for 49ers Enterprises World Soccer Group stated: “The power of our dedication, sources, and ambition for Leeds United stays unchanged.
“We look ahead to competing within the Premier League subsequent season.”
And that’s evident with their ambition to broaden Elland Street to make it one of many largest stadiums in England.
Planning permission for the redevelopment work cites an eventual capability of as much as 56,000 from 37,792, however it’s understood the quantity will find yourself nearer to 53,000 followers.