Rangers takeover: Stefan Borson gives thumbs-up for ‘£150m’ deal
Rangers’ potential suitors should be “very cautious” about buying a stake in the Glasgow giants after a new takeover report.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider that the Ibrox club’s valuation is “so dependent on Europe” with the qualification process subject to regular change in the Scottish Premiership.
According to City AM (27 August), Rangers are attracting takeover interest from American investors who value the club at around £150million.
It is claimed a number of the existing shareholders at Ibrox are thought to be open to selling.
A majority takeover from American outfit KRF Capital fell through last year (2023) but other US investors are considering a move into Scottish football.
Rangers have won the Scottish title in just one of the last 13 seasons with Celtic currently the dominant force.
Rangers takeover suitors should be ‘very cautious’, says Borson
Borson claimed he “wouldn’t be buying” a stake in the Gers as putting a number on the club’s value is “not straightforward”.
He told Football Insider: “It’s really hard to value Scottish clubs.
“I would be very cautious about buying a Scottish team.
“The situation is so dependent on Europe, and it’s not completely clear how that will evolve.
“Rangers does have some value and has been traded previously.
“But valuing it is not straightforward. There are not a large number of comparable transactions which could give you the steer in terms of what they’re worth.
“It’s not like the Premier League or other European sides.
“There is only one comparable club in Scotland, and that’s Celtic.
“We know all the other Scottish clubs are smaller.
“It wouldn’t surprise me if £150million was around the right number for a full takeover, but put it this way – I wouldn’t be buying it.”
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