Frustration Grows for Paraag Marathe and Andrew Cavenagh Amid Ongoing Rangers Takeover Delays
Paraag Marathe and Andrew Cavenagh are reportedly growing increasingly frustrated as the long-running Rangers takeover saga shows no signs of resolution.
The 49ers consortium has been engaged in discussions for several months regarding a potential acquisition of the Ibrox club, yet a deal is still pending.
Their efforts have overlapped with the club’s managerial uncertainty following Barry Ferguson’s confirmation that he will step down at the end of the Scottish Premiership season.
With both the takeover and managerial search dragging on, tensions are rising among fans and key figures involved in the negotiations, including Marathe and Cavenagh.
Prolonged Takeover Tests Patience at Ibrox
It has been several months since the 49ers group was first linked with a possible move to take control of Rangers ahead of the new season.
Following the conclusion of the campaign with a draw against Hibernian, optimism remains for a deal to be finalised. However, the lack of meaningful updates has left supporters disappointed, as the takeover continues to stall.
According to Keith Jackson in the Daily Record (26 May), Cavenagh is known for his cautious approach and is unlikely to be pressured into hasty decisions. Still, the ongoing process is described as “taking forever” and anything but straightforward.
Negotiations complicated by coordination across eight different time zones have only prolonged the process, and sources suggest that both Marathe and Cavenagh are now “exasperated by one delay after another.”
Key Decisions Still Loom for Marathe at Rangers
Several major decisions still await in G51, with the summer transfer window approaching and the new season on the horizon.
A new manager remains a priority, with Davide Ancelotti recently emerging as a frontrunner. However, with the ownership situation unresolved, questions remain about the structure and leadership the incoming boss would report to.
For now, Marathe and Cavenagh remain committed to the takeover — but their patience is wearing thin.
