US-based businessman Andrew Cavenagh has been spotted at Ibrox Stadium during an exclusive meet and greet session, further fuelling speculation surrounding the ongoing Rangers takeover discussions.
Cavenagh — who is closely linked with the 49ers Enterprises consortium currently exploring a major investment in the Glasgow giants — was seen touring the stadium facilities and engaging with senior club figures. His appearance comes amid increasing talk that the American group is edging closer to finalising a deal for a controlling stake in the club.
According to multiple reports, Cavenagh’s visit was part of a wider schedule of meetings with key Rangers officials, as well as fan representatives, aimed at strengthening relations ahead of any potential ownership transition. Sources at Ibrox described the atmosphere as “positive and forward-looking,” with discussions said to focus on long-term strategy, infrastructure investment, and global brand growth.
The move marks another significant step in the consortium’s interest, following earlier visits in the spring when members of the investment group were given a guided tour of Ibrox and the Rangers Training Centre.
Fans have reacted with cautious optimism on social media, hopeful that a successful takeover could bring stability and fresh resources after a turbulent few years on and off the pitch.
Neither Rangers nor representatives of the 49ers Enterprises consortium have issued an official statement regarding the meeting, but insiders suggest formal updates could follow once ongoing due diligence is complete.
As speculation intensifies, one thing is clear — Andrew Cavenagh’s visible presence at Ibrox signals that the next chapter in Rangers’ ownership saga may soon be written.
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