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Rangers: Gers set for £4m investment

Rangers: Gers set for £4m investment - Rangers News

Glasgow Rangers are set for an extra £4m investment after they launched 19 million shares.

Rangers launch shares

Only in October, the Gers received more than £8m after shares were purchased in the club. Businessman Stuart Gibson paid £5m, suggesting that he would try to bring in more investment from Asia.

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Who scored more goals for the Gers?

Now, it has been revealed that the Gers are looking to bring in an extra £4m by the same method. Each share will cost 20p.

Important funds for the Ibrox outfit

On the pitch, things could hardly be going better for the 54-time Scottish champions. As it stands, they are top of the Premiership, nine points clear of the fierce city rivals Celtic, and they are also joint-top of their Europa League group with two wins from two. In fact, after the first 18 matches of the campaign, they are yet to suffer a single defeat in all competitions.

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Off the pitch, things are generally going well too. Of course, the recent issues with George Edmundson and Jordan Jones flaunting coronavirus regulations has not helped, but the Gers recently signed a commercial deal with Cadbury, and are now bringing in plenty of funds during a difficult period. At Ibrox, the future certainly is looking bright, and they will hope they can return to good times as soon as possible.

In other news, this Rangers loanee suffered heartbreak within hours of his latest loan move.

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Article title: Rangers: Gers set for £4m investment

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