Glasgow Rangers are set for a £2.5m investment from Club 1872 as the club looks for funds as the financial crunch tightens.
Gers set for investment
The Ibrox outfit have already sold a number of shares in recent weeks and months as they look to raise funds, and it now seems they are set for a further cash injection.
Influence is growing
There is no doubt that the influence of the supporters is growing at Ibrox. As previously mentioned, Club 1872 will become major shareholders in the future – when that deal with King is complete, they will own roughly 25% of the 54-time Scottish champions.
Are you happy that Dave King is planning to sell his shares to Club 1872?
Money is at least coming into the club during what is a difficult financial time for almost all outfits due to the coronavirus pandemic. More money and more influence in how the Gers work – the fans could hardly ask for much more.
In other news, one ex-Gers star slams this current Ibrox player.
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