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Source shares latest on Rangers takeover with formal proposals received this week - report

Rangers Paraag Marathe (5)

(Credit: Breaking Media Ltd)

Pranav Shahaney

Wed 12 March 2025 19:40, UK

San Francisco 49ers appear to be very close to completing their takeover of Rangers in the coming weeks.

The main players in the deal received their first formal proposals for consideration at the start of the week.

The timeline has also been accelerated with an end-of-May completion on the cards.

Paraag Marathe

Paraag Marathe is playing a key role in the Rangers takeover. (Credit: Imago)

Ibrox set for a new era under the San Francisco 49ers

A new era is set to begin at Ibrox under the ownership of the San Francisco 49ers.

A source told the Rangers Review that discussions are progressing well and it is likely to be signed and sealed within the next couple of months.

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The deal with the 49ers could be a transformative one for the Ibrox outfit both on and off the pitch.

Given the American franchise’s data-driven approach to recruitment, things could change in the blue half of Glasgow.

Paraag Marathe has also dismissed suggestions of Rangers being a feeder club for Leeds United as the 49ers own the EFL Championship outfit who are expected to secure promotion to the Premier League this season.

Rangers play their home games at Ibrox.

NFL giants lay the groundwork for a smooth transition at Rangers

For Gers fans, the proactive approach of the San Francisco 49ers ahead of their anticipated takeover of the club is a promising sign.

The NFL giants are already laying the groundwork for a smooth transition, with legal paperwork exchanged and the timeline for completion accelerated.

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This decisiveness signals their commitment to shaping the club’s future, as they aim for a majority stake to steer the club’s direction.

Plans to appoint at least two new board members suggest a fresh vision for Ibrox, potentially revitalising the boardroom and energising the fanbase.

With key shareholders on board and big managerial names like Rafa Benitez and Frank Lampard in the mix, the 49ers’ ambition is clear.

For supporters weary of uncertainty, this forward-thinking strategy offers hope for stability, investment and a competitive edge in Scottish football.

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