Rangers news: Alastair Johnston plays key role as takeover twist emerges
Alastair Johnston, the former Rangers chairman, is understood to have ties to the United States amid the ongoing takeover saga.
The San Francisco 49ers have agreed a deal in principle with the Ibrox outfit with talks ongoing for a while.
Paraag Marathe and Andrew Cavenagh are fronting the campaign with a 51 per cent controlling stake eyed in the club.
Gers set to have new owners with a takeover now certainly on the cards
The Sun reported on 3 March that John Halsted and Johnston both have ties to the US and have been crucial in ensuring that talks have got to this stage.
On the other hand, Maraathe has been that figure for the 49ers and shares a good relationship with Jed York, the billionaire owner of the San Francisco 49ers.
It’s understood that the takeover will also mean further investment down the line for the Ibrox outfit.
Johnston is currently affiliated with Rangers as he is a boardroom figure at Ibrox.
He serves as a Non-Executive Director but does play an important part in the big-picture moves involving the club.
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Dave King is Rangers’ single largest shareholder
Rangers fans will undoubtedly be thrilled with this takeover development
This potential takeover of Gers is thrilling news for fans as it promises a transformative era for the Glasgow giants.
The involvement of a group tied to the San Francisco 49ers – a franchise valued at $6 billion with a storied history of success – brings financial muscle, global expertise and ambition to Ibrox.
Supporters can dream of a revitalised club, with the consortium aiming for a 51 per cent controlling stake, signaling serious intent to elevate Rangers’ stature.
The prospect of Champions League football, bolstered by potential further investment tied to European success and an enhanced player trading model, offers a pathway to compete at the highest levels, which is something Leeds United, also owned by Marathe, can’t yet guarantee.
Marathe’s assurance that the Ibrox outfit won’t become a feeder club alleviates fears, while the exit of current shareholders like Dave King and John Bennett paves the way for fresh leadership.
With the deal nearing completion pending due diligence and regulatory approval, supporters are buzzing with anticipation for a new chapter that could blend American sports savvy with Gers’ rich tradition, igniting hope for sustained domestic and European glory.
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