Rangers are aware of the fact that they cannot compete financially in the English Premier League.
With international TV money and the world’s finest managers and players moving to England, the English top flight has become the richest football league in recent decades.
Rangers used to compete with Premier League teams for players, but these days they are redefining themselves as a platform for top players to move south.
Rangers’ strategy is to acquire young, talented players under pressure at Ibrox and then sell them for a profit.
And now, a group of potential Premier League suitors is expected to be bolstered by American billions after one young prodigy apparently attracted admiring looks south of the border.
Everton is acquired by a US billionaire.
For the most of the past ten years, American money has been pouring into English football, and Everton is the most recent team to be acquired by a consortium from the United States.
The club, which is struggling financially, just revealed that the Friedkin Group has acquired a 94% controlling ownership in the Merseyside team.
Farhad Moshiri’s disastrous reign is now over after the team posted £430 million in losses over five years and was later docked points in the Premier League.
The past few years have been characterised by numerous managerial changes and costly acquisitions that never quite worked out at Goodison Park.
As they inject fresh capital into Everton, the Friedkin Group will now try to adopt a more successful and thoughtful strategy.
The investing group owns AS Roma, a Serie A team, and has holdings in the adventure, sports, entertainment, hotel, and automotive sectors.
The group’s chairman, Dan Friedkin, is valued at an astounding £5.3 billion, according to Forbes, and Everton will be hoping to see some of that money change their fortunes down south.
The Premier League is looking for a Rangers striker.
Rangers are starting over and constructing a youthful team with lots of potential after witnessing the club’s assets stagnate after a string of costly sales.
Calvin Bassey, Joe Aribo, and Nathan Patterson all received raises of around £40 million between them, but they are exceptions rather than the norm at Rangers. If the club is to realise its full potential, this must alter.
Rangers is searching emerging markets as part of that, and its acquisition of Hamza Igamane from Moroccan team FAR Rabat is the clearest illustration of a summer of transformation.
In order to gain traction in Morocco, Rangers may possibly sign a collaboration agreement with FAR Rabat as a result of that agreement.
The Premier League has apparently taken notice of Hamza Igamane’s play, with other clubs cited as potential suitors.
Everton, who are currently supported by a US billionaire, is one of them; the Toffees are said to have witnessed Igamane score against Tottenham Hotspur in the Europa League at Ibrox.
Rangers will want to make a large move for the striker, especially considering Igamane’s remarkable development in such a short time.
As Rangers try to maximise returns on their £1.7 million investment, timing is crucial, something they haven’t always gotten right in recent seasons.
Rangers supporters are aware that money talks if Everton, the US billions, and the Premier League come calling.
