Rangers fans eagerly await any updates from Ibrox regarding the potential American-led takeover.
Paraag Marathe and Andrew Cavenagh are spearheading efforts to acquire a significant number of shares from existing stakeholders in Govan. However, the large volume of shareholders involved has slowed down the process, as ensuring all parties reach a satisfactory agreement takes time.
Supporters, frustrated by Rangers’ lack of domestic dominance compared to Celtic, are eager for the club to reclaim its status as Scotland’s top side and maintain a strong presence in Europe. The prospective takeover is seen as a crucial step toward achieving these ambitions.
Chris Jack provides latest update on Rangers takeover
While fans try to stay focused on the remainder of the season, constant developments from the Ibrox boardroom—particularly regarding new investors—are difficult to ignore. Realistically, the upcoming Old Firm clash is the only remaining league fixture with significant importance beyond pride this season, as the Europa League quarter-finals take center stage.
Barry Ferguson is keeping his squad and staff focused on on-field matters, but Chris Jack provided a timeline update through Rangers Review (23 March). He noted that the “final one percent” of the deal is often the hardest part to finalize, with multiple shareholders involved, leading to extensive paperwork, legal procedures, and ongoing discussions.
However, Jack indicated that “new faces in the directors’ box” are expected next season, signaling the start of a new chapter at Ibrox.
Key points from Jack’s update include:
It is unlikely that all paperwork will be completed before the current season ends.
Sources close to the negotiations report no major obstacles, with broad agreements already in place.
Numerous drafts of the documents are being reviewed by lawyers, and while the final stage is often the most difficult, change is imminent at Ibrox.
Managerial candidates and transfer plans under new ownership
If the takeover proceeds as planned, Rangers fans will be curious about how the managerial situation will unfold. Many new ownership groups tend to overhaul management teams, installing their preferred personnel even before the deal is finalized. Marathe and Cavenagh could follow a similar approach at Ibrox.
This uncertainty is why Barry Ferguson has remained cautious about discussing his long-term future. He is clearly interested in staying on as Rangers manager but understands that making premature promises would be unwise.
Another key factor is the size of the transfer budget under the new regime, which could influence both the caliber of managerial candidates and potential player signings. If Marathe and Cavenagh are prepared to invest heavily—within financial constraints—Rangers would become a far more attractive destination for top managers and players.
For now, details remain tightly under wraps, but behind the scenes, developments continue as Rangers fans dream of their club’s return to glory.
