American investors are buying their way into Scotland's top soccer league. Why it matters: It extends the trend that has seen European soccer ownership become more red, white and blue-eyed.
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With just five games remaining before the Scottish Premiership split, the race for the top six is reaching a fever pitch. While Rangers and runaway league leaders Celtic are already assured of their places in the upper half, Aberdeen, Hibernian, Dundee United, and Heart of Midlothian currently occupy the remaining spots.
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American investors, led by healthcare mogul Andrew Cavenagh and 49ers Enterprises president Paraag Marathe, have reached an agreement in principle to take over Rangers. Negotiations have been ongoing for over three months, with the investment group working closely with Rangers’ current major shareholders.
Rangers would be the second British club 49ers Enterprises has bought a stake in. It purchased an initial 10 per cent stake in English Championship side Leeds United in 2018, gaining boardroom influence, before completing a takeover worth £170million ($213m) in July 2023.
Barry Ferguson made a dramatic start at Rangers as they came from two goals down at Kilmarnock to secure victory in his first Scottish Premiership game as interim boss.
Quick start down Ayrshire. Hamza Igamane catches the ball as sweet as a nut on the volley and calls goalkeeper Kieran O'Hara into a strong parry. Ziyad Larkeche has just been penalised for a foul throw. Sums up Dundee's start to this one. First sniff at goal comes from Kilmarnock.
Despite Rangers’ ongoing transition in the dugout with ex-captain Barry Ferguson currently taking the helm on an interim basis, Tavernier’s leadership remains pivotal. So, Evans is in no doubt the 33-year-old would shine just as brightly on the other side of Glasgow.
It looked like it could be a nightmare start for Ferguson, as goals from Joe Wright and Brad Lyons put the home side in a commanding position after just 15 minutes
Rangers have replaced Philippe Clement with Barry Ferguson for the rest of the season – three years after his last coaching job at third-tier Alloa.
Rangers' poor season hit a new low as they lost 2-0 to St Mirren at Ibrox, ensuring Celtic remain 13 points clear in the Scottish Premiership despite losing 2-1 at Hibernian