Rangers takeover ‘imminent’ as ‘deal expected to go through after 4-month talks’
Rangers could see a takeover of the club completed imminently amid talks over a move by 49ers Enterprises, Keith Jackson has said.
It has been a difficult period for the Gers, who have had to see Auld Firm rivals Celtic dominate in terms of domestic success in Scotland in recent years.
Indeed, Rangers have struggled to raise funds through player sales recently, with have not made it easyv for the club to reinvest in strengthening the squad in the transfer market.
Now however, it seems as though the Ibrox club could soon be set for major change that they will hope can help to turn things back in their favour.
Rangers get major takeover update as 49ers Enterprise close in on deal
On Wednesday (19 February), it was reported a US led bid is being put together for a takeover of Rangers, which is being backed by the 49ers Enterprise, who currently hold a controlling stake in Championship side Leeds United.
Speaking about the significance of that potential takeover of the Ibrox club on The Daily Record Hotline Live on X, journalist Keith Jackson suggested the takeover could be a “game changer” for the club, and one he expects to happen having reached this stage.
| Scottish Premiership position | Club | Played | Points |
| 1st | Celtic | 26 | 69 |
| 2nd | Rangers | 26 | 56 |
He also indicated that the deal could provide the investment the club need amid the “financial clouds” that have been hanging over Rangers for many years now.
It also seems as though a takeover of the club may not be far from completion either. Discussing the potential timescale of a deal, Jackson added: “This isn’t early days stuff.
“The information that I received, my sources tell me that these talks are at an advanced stage, and something is potentially imminent.
“Amazed that it can be this late in the day without it leaking out from somewhere but now it has I guess”
Discussing how long those discussion may have been going for, Jackson elaborated: “I believe it stretches way back towards the end of last so you’re potentially talking now about four months worth of talks negotiations behind the scenes that this has been going on so it’s not just something that’s come to light.”
Outlining the make-up of the consortium bidding to buy Rangers, Jackson suggested that while Leeds chairman and 49ers investment guru Paraag Marathe is involved, there is at least “one other high net-worth individual” liked to the consortium, but that the 49ers are involved and backing the takeover.
Jackson also revealed that he expects a statement to confirm talks are ongoing “very, very shortly.”
Rangers takeover update exciting for supporters
Football Insider Verdict
The news of this potential takeover of the club that now appears to be at an advanced stage will surely be welcomed by those linked with the Ibrox club.
For a long way time now Rangers have felt like they are stagnating, allowing Celtic to break clear in establishing a firm hold on Scottish football.
This takeover however could help to change that, giving the fresh significant backing it could provide for the club ‘Gers.
A consortium such as this will have their eyes firmly set on success wherever they go, and so they will surely be ready to put their money where their mouth is in order to achieve such success.
That of course ought to mean considerable backing for Rangers that gives them the chance to build a much more competitive squad, and potentially challenge for silverware again.
After so long in the relative wilderness, that would certainly be welcome for all supporters of the club.