Report: Mike Ashley plots stunning £30m Rangers bid, huge transfer splash in the offing
By Alex Stevens
Mike Ashley is plotting a sensational £30million move to take over Rangers, according to a report.
The Daily Record claim the Newcastle owner is keen to strike a deal in which he takes total control of the club from current owner Dave King.
It is said that Sports Direct tycoon Ashley is “shocked” at the current state of Rangers and is planning a big splash in the transfer market to invigorate the team.
The Ibrox giants demolished lowly Hamilton 6-0 in the Scottish Cup quarter-finals on Saturday but have had a wretched league campaign in which they are 33 points behind champions-elect Celtic and are struggling to secure a top-three finish.
Ashley owns nine per cent of Rangers’ shares but was ousted from the board two years ago by South Africa-based businessman King after attempting to increase his stake holding to 30 per cent.
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But the Daily Record claim the London-based multi-millionaire has not been put off and is ready to make a comeback in an attempt to strike a £30million deal.
It is said he will not work with King, whose two years at the helm have left supporters underwhelmed by the lack of investment in the playing squad.
Ashley has been the owner of Newcastle since buying a majority stake in the club in May 2007, although his time at the north-east giants has been marked by a series of controversies.
Ashley’s proposal to take over Rangers would not affect his ownership of the English Championship club as there there are no regulations to prohibit the ownership of two clubs operating under different national associations.
Newcastle got relegated from the Premier League for the second time under Ashley’s ownership last season but are top of the Championship and strong favourites to earn instant promotion under manager Rafael Benitez.