The proposed takeover of Rangers by the San Francisco 49ers is still ongoing, despite claims that the deal is no longer on the cards. Journalist Keith Jackson says the deal has hit a “legal rabbit hole” due to the complexity of the process.
All parties involved are still interested in finalizing the deal, and someone from the American consortium is expected to be present at Ibrox on Thursday for the Europa League match against Athletic Bilbao.
The takeover process involves multiple steps, including due diligence, drafting and approving legal paperwork, navigating Scottish FA rules, and obtaining shareholder approval. The 49ers’ stake in Leeds United adds complexity to the deal, requiring consent or restructuring.
Jackson expects the deal to be finalized before the end of April, with progress evident despite the delays. Rangers fans are advised to remain patient as the process unfolds, with a representative from the consortium expected to be present at Thursday’s match.
