NewsThe 51% of the 153-year-old historic club has been sold.

The 51% of the 153-year-old historic club has been sold.

The 51% of the 153-year-old historic club has been sold.

30.05.2025 17:02

Businessman Andrew Cavenagh and an American consortium led by 49ers Enterprises have acquired a 51% stake in the Scottish club Rangers.

Businessman Andrew Cavenagh and an American consortium led by 49ers Enterprises have purchased a 51% stake in the Scottish club Rangers.

According to a statement on the club's website, the new president Cavenagh, who previously held management positions in the healthcare sector, has committed to investing £20 million in the club.

Paraag Marathe, the president of 49ers Enterprises and also the chairman of the English club Leeds United, will assist Cavenagh.

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