Rangers takeover: Gers edge clos er to deal with US-based consortium | Andrew Cavenagh and the 49ers Enterprises have been in talks over buying a controlling stake in Rangers since late 2024 Andrew Cavenagh and the 49ers Enterprises have been in talks over buying a controlling stake in Rangers since late 2024
Rangers have confirmed “productive conversations” with a US-based consortium aiming to complete a takeover of the Scottish Premiership club.
It emerged in February that American insurance firm owner Andrew Cavenagh and the 49ers Enterprises had been in talks since late 2024 about acquiring a controlling stake in RangersA statement issued on behalf of Rangers and the consortium interested in acquiring control of the club released on Wednesday evening indicated that a deal was edging ever closer.
“Rangers and its existing controlling shareholders are in productive conversations with the two lead members of the consortium, Andrew Cavenagh and 49ers Enterprises Global Football Group, about the potential for the consortium to acquire control of the club and to inject additional capital,” it read.
These discussions reflect a shared recognition of the importance of Rangers FC’s long-term direction, ambitions and management.”
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