Stefan Borson: 49ers Outline Rangers Transfer Strategy Following Takeover Update
Rangers Ownership Change Looms Amid Intense Takeover Speculation

The 49ers Enterprises-backed takeover of Rangers appears to be moving forward, with reports suggesting an agreement has been reached in principle.
The US consortium, featuring Leeds United chairman Paraag Marathe and health insurance tycoon Andrew Cavenagh, is aiming for a majority stake by acquiring at least 51% of the club’s shares.
Their goal is to take control of the boardroom and oversee future decision-making.
According to Rangers Review (12 March), the key parties involved have received the initial tranche of legal paperwork necessary to finalize the deal.
Finance expert Stefan Borson, speaking exclusively to Football Insider, stated that the prospective owners aim to complete the takeover before the end of the season, ensuring they can influence summer transfer activities.
Rangers have had an eventful week, securing a dramatic penalty shootout victory against Jose Mourinho’s Fenerbahce to advance to the Europa League quarter-finals.
They also claimed a thrilling 3-2 away win over Celtic in the Scottish Premiership.
Despite these successes, Rangers remain 13 points behind Celtic in the title race following an inconsistent domestic campaign.

49ers Completing Due Diligence
Borson revealed that the due diligence process is ongoing, with a structured timetable in place for completing the takeover.
He told Football Insider: “It’s not like it isn’t happening. If that were the case, someone would have said something by now.
Everyone seems to acknowledge that it is happening.”
He further explained, “They are working through the due diligence process with a clear timeline.
The objective is to wrap everything up by the season’s end, allowing the new owners to settle in and oversee transfer business over the summer.”
Rangers Receive £5.3m Investment
On 12 March, Football Insider reported that Rangers had received a £5.3 million cash injection from their current owners via a new share issue.
This follows a £3.6 million investment made last month in a similar transaction, reinforcing financial support for the club.
Former chairman Dave King remains Rangers’ largest individual shareholder with a 13% stake, while several other stakeholders hold minority interests.



