In the near future, Andrew Cavanagh and his group of American investors are close to finalizing the acquisition of Rangers Football Club. The San Francisco 49ers, in partnership with Cavanagh, are set to purchase a majority stake in the club, resulting in a significant shift in the current leadership structure.
Reports suggest that Dave King and other shareholders are willing to sell a large portion of their shares in the club. The legal approval for the takeover is anticipated to be granted by the end of April, according to the Daily Record.
Once the agreement is officially approved, Cavanagh’s consortium is poised to take immediate action to implement their plans for Rangers. This includes reorganizing the board, with the consortium taking control of 51% of the club.
Following the takeover, Patrick Stewart will focus on appointing a sporting director to oversee football operations and address the managerial position. Plans to enhance the training facilities at Auchenhowie will begin to take shape, aiming to improve player development and overall infrastructure.
Engaging with fans will be a top priority, with Stewart scheduled to meet supporters in late April to establish open communication and transparency as Rangers enter a new chapter under American ownership.
