💨 Abstract

Rangers FC has completed a takeover by a consortium led by Andrew Cavenagh and backed by San Francisco 49ers Enterprises. Cavenagh will serve as chairman, with Paraag Marathe as vice-chairman. The new owners have committed an initial £20 million for summer signings, pending shareholder approval. The takeover includes a new board with key appointments and resignations, aiming to elevate the club's performance and return it to the top.

Courtesy: Craig Turnbull