The Rangers contract to take over American investors in principle agreed.
Talks are underway from the end of October and there is an increasing trust on all parties that will be completed before the new season.
The period of deep diligence takes place now, while the legal paperwork is made.
Paraag Marathe – President San Francisco 49eri Investment Hands, companies 49ers – One of the two key figures in takeover. Works together with the Andrev Cavenagh’s health insurance, which is the executive President Paretohealth.
Paraag Marathe (c) was in the League Rangers’ eema in Manchester United
The American group aims to gain at least 51 percent of the shares in the rangers and take control of Ibrok-Stop.
Rangers’s greatest shareholder Davy King is among the key data that are willing to sell their stake in the club. King has a 12.96% stake and one source suggested that 49ers are one of the three serious parties to approach the former President of IbroK for investing in the club.
The largest single shareholder Rangers Dave King was agreed to sell their actions in the US group
Douglas Park (11.54%), George Taylor (10.22%), Stuart Gibson (9.53%), John Volhardt (9.53%), John Bennett (7.11%) and John Bennett (7.11%) are among other willing to separate with all its actions.
It is meant that the conversations also played guaranteed future investments, and the final digit to be determined based on variables such as European Progress and Player Trading.
Last year, Rangers published a loss of £ 17.2 million and are There are 16 points behind the Celtic right now In Scotch Premiership, From the Scottish Cup and They lost the Cup League finals their old firms. They are still in Europe league – from the last 16 years against Jose Mourinhova Fenerbahce.
Who are investors?
Paraag Marathe is a chairman in Leeds United
MARATHE is in its 24. year in San Francisco 49ers 49ers and the president is the NFL foreign investment hand, the company of 49ers. They are set to monitor external business ventures and the main investment opportunities for the club. Marathe is also the executive vice president of football operations 49ers.
5.7 billion companies are worth 5.7 billion £ (7.2 billion dollars) just a few months ago, and Rangers would be another British club investing in the beginning of the purchase of a small share in Leeds United buying a small share in Leeds United Before download completed in 2023 years.
Cavenagh is a co-founder of Paretohall merit in the US – which runs around £ 5.2 ($ 6.6 billion) and covers more than a million lifes in thousands of business.
Andrev Cavanagh (L) American Health Ticoon (L) was in Ibrok in January while Rangers took over St Johnstone
Earlier this year, Paretohealth announced that Cavenagh to deviate as the Chief Executive Director of the American company, although he added that he would still help the company through the role of the executive president.
Cavenagh participation in Ibrok could be crucial in providing a foreign owner’s owner rules are not a barrier for the American Duo – with a maratha and 49er limited to 29.9 percent of the roles due to their involvement in Leeds.
What are they looking for?
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Marathe says 49eri “look at opportunities” after the American investors work on multi-mural download of the ranger
Marathe – who refused to confirm whether the folds were in conversations with Rangers – she added that “always look at other possibilities”.
“I can’t really comment on everything that rumors could be there,” he said that he said that to the financial time of the football summit. “But as I said, we always look at other possibilities. We were.
“And I think it’s feasible repeat passion (he has for Leeds).
“What we look for is clubs with real bones, clubs with real growth potential and if you are sporty and you love it, so you are in your heart to speak, like me.
“Just like there is that you love your kids, there are enough room in your heart to love all your sports properties.”
Would Rangers be an investor?
A short answer to that is not. When asked if 49ers would consider a multi-club model with Leeds as Cornerstone Club, “Multi-Club from the point of view like a club hierarchy that may not really look at any other people.
“Leeds Utd stands alone and if we looked or follow another club, that club would stand alone.
“Are there economy scales for leadership and ownership of multiple clubs? Absolutely with what you can share and work on the commercial side. Even sometimes what you can do on the sports page.
“We didn’t consider it as one club on another club. Every club deserves all our attention and effort.”
Other premier clubs under American property
Bournemouth Bill Foley’s owner provided 25 percent of Hibernian stake last year
Hibernian It is owned by the Gordon family, and late Ron Gordon arrived a majority share in 2019. Years. Another American, Bill Foley, joined that owner group last year After securing 25 percent of the role in the club.
American Lawyer and Cambridge United Sharearies last July Adam Webb has finished its download St JohnstoneWith a stroke that supported and SFA and EFL.
Dundee are owned by US Businessman Tim Kestetes, while the city of Rivals Dundee United are owned by Marka cluded.
Aferdeen They are also owned by Scottical Business Business Dave Cormomacka, with Atlanta acquire a minority share in the Club 2019. years.