Rangers Takeove was completed by the San Francisco 49ers collection

Rangers was seized by an American consortium, including the investment arm in San Francisco 49ers.

The talks have been going on for months on the future of the Glasgow club, but the group led by Andrew Cavanag has now bought 51 % of the club’s shares.

20 million pounds of the new investment will be made in the summer, and a new manager is expected to be called soon.

Rangers Football Club is pleased to announce that a consortium of investors, led by Andrew Cavinag and 49ers Enterprises, has bought the majority share in the club, with the approval of the Scottish Federation.

The consortium will draw a new strategic vision for the club’s future … pic.twitter.com/x9m40q2knt

Rangersfc Club (Rangersfc) May 30, 2025

The 49ers Enterprises group also has Leeds United.

“Consortium will draw a new strategic vision for the club’s future, giving priority to the club’s performance and long -term financial sustainability,” Rangers said in a statement.

Former Real Madrid assistant David Ancelotti – son of Carlo – and former Southampton President Russell Martin are among the main candidates for the manager’s position.

Rangers Philip Clement dismissed In February with former midfielder Bari Ferguson on a temporary charge.

Rangers ended 17 points behind Celtic competitors in the league and did not win the cup this season.

“Our first priority together, it is clear: the rental of a new coach for men. This process is already underway, and we look forward to sharing more updates soon. We will also search for a talent for our teams.

“Simply – our goal is to win prizes in Scotland and are able to compete at a high level in Europe, with a basis for the financial sustainability of the future.”