Rangers have officially completed their long-awaited takeover at Ibrox, sparking renewed optimism among fans ahead of the summer transfer window.
With Barry Ferguson stepping down at the end of last season, Andrew Cavenagh and his new leadership team now face the immediate task of appointing a new manager to lead the club forward.
Once that’s in place, attention will quickly shift to backing the new boss in the transfer market, aiming to bring in key signings capable of lifting Rangers back to the top of the Scottish Premiership.
Cavenagh outlines financial vision for Rangers
Supporters have been eagerly anticipating this takeover since it was first announced months ago, and now that it’s complete, there’s a sense of fresh hope at Ibrox as the club sets its sights on challenging Celtic for domestic dominance once again.
Plenty of work remains. Rangers have already confirmed the departures of Ianis Hagi, Leon Balogun, and Tom Lawrence, along with 13 youth players, but more changes are expected.
While not all departing players underperformed, inconsistency and attitude issues among some have led to widespread frustration and calls for a reset.
Although the club’s new backers—the 49ers—are expected to boost financial investment, Cavenagh has stressed that any progress must align with Profit and Sustainability Rules (PSR).
According to The Scottish Sun’s Kris Boyd (1 June), Cavenagh has committed to providing a £20 million transfer budget for this window, offering a solid foundation for smart recruitment.
Building for the future with patience
This £20 million “warchest” presents Rangers with a strong platform to make impactful additions while remaining compliant with financial regulations.
The priority is to build a competitive team that performs with consistency and passion, earning the trust of the Ibrox faithful through on-field commitment and ambition.
Looking ahead, Cavenagh appears ready to increase investment as the club grows stronger financially—aiming for gradual, sustainable success rather than quick fixes.
If progress continues on the right track, the patience shown now could lead to significant long-term rewards for Rangers and their supporters.
