Rangers takeover twist: American businessman takes on senior role

Rangers takeover twist: American businessman takes on senior role

Rangers are in the midst of a takeover saga with the San Francisco 49ers keen on becoming the majority owners.

Andrew Cavenagh, an American businessman has now emerged as a key figure in getting the deal over the line.

Paraag Marathe is also understood to be front and centre of this deal with the NFL outfit prioritising getting the takeover done within the next few weeks.

Paraag Marathe is an influential figure in the Rangers takeover process.

Rangers could begin a transformative era under Andrew Cavenagh

The Daily Record report that Cavenagh has now taken up a senior role in the consortium looking to buy Gers, along with Marathe.

 

His emergence as a central figure in the takeover could herald a transformative era for the club, backed by the financial muscle of the San Francisco 49ers and Marathe’s expertise.

 

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As a Philadelphia-based health insurance tycoon and executive chairman of ParetoHealth, Cavenagh brings a proven track record in business and strategic growth.

 

His arrival signals Gers’ intent to leverage American investment to bridge the gap with rivals Celtic, who have dominated domestically.

Rangers fans want new people running the club.

Ibrox may undergo significant developments post the takeover

The multi-million-pound deal promises a significant cash injection, particularly for the summer transfer window, potentially revolutionising the squad and infrastructure at Ibrox.

 

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One of Marathe’s initial plans is to better the experience for match-going fans at Ibrox and that’s certainly a net positive for the club.

 

Along with Marathe, Cavenagh’s hands-on approach, evidenced by his January visits to Glasgow for negotiations and match-day engagements, suggests he’ll play an active role in steering the club.

 

Entity Stake in Rangers

Dave King 13%

Douglas Park 11.5%

George Taylor 10.22%

Stuart Gibson 9.53%

John Bennett 7.11%

Bonita Investments Ltd. 6.69%

Perron Investments Ltd. 6%

Credit: Official Rangers website

This duo can modernise Gers’ operations and fans might expect enhanced scouting, cutting-edge analytics and lucrative sponsorships, mirroring the 49ers’ NFL model.

 

The uncertainty over manager Philippe Clement’s future adds complexity as it’s still unclear if he will oversee the new era or if the new owners demand a new vision.

 

With major shareholders like Dave King seemingly ready to sell, and the SFA clearing dual-ownership hurdles, the path is paved for change.