Rangers fans are already dreaming of a more ambitious transfer window if the proposed American takeover is completed in time.
Supporters are eager to see their club seriously challenge for domestic silverware again after falling short in Scotland this season—though their European campaign remains a source of pride.
The takeover effort is being led by Paraag Marathe’s 49ers Enterprises and insurance magnate Andrew Cavenagh, who are working to secure a controlling 51% stake in Rangers, which would grant them full operational authority at Ibrox.
Ex-director steps in as takeover bid hits resistance
Rangers’ ownership is unusually fragmented, with several directors holding between 7% and 13% of shares, complicating Marathe and Cavenagh’s path to majority control.
According to the Mail (16 April), the American-led group has encountered “unexpected resistance” from some influential shareholders—many of whom are former senior figures at the club—causing negotiations to stall.
In response, the consortium has turned to former director Sandy Easdale to help tip the balance. Easdale, whose net worth exceeds £1.4 billion, is a controversial figure among fans due to his previous involvement with the club. He recently acquired an extra 4 million shares, taking his total holding to just under 10 million—around 2.25% of the club. His support could prove critical, especially as he sees modernisation as vital for Rangers’ future on and off the pitch.
A new era could begin at Ibrox by 2025-26
If Marathe, Cavenagh, and Easdale succeed, the leadership at Ibrox could be completely reshaped within months. Supporters hope this will quickly translate into investment on the pitch, fuelling a stronger push for domestic honours.
In Europe, Rangers remain competitive, though they head into Thursday night’s clash with Athletic Club as heavy underdogs (17 April).
Meanwhile, interim manager Barry Ferguson is looking to boost his case for a permanent role, but the incoming regime is expected to assess a wide range of candidates for the job this summer.
