Kyle Fox has agreements in place to become Rangers biggest shareholder
Kyle Fox reportedly has agreements in place to become the biggest single shareholder at Rangers as she has an intention of snapping up a significant stake.
According to Daily Record journalist Keith Jackson, Fox has an agreement to get a 25-30 per cent stake in the Ibrox club for the price of 40p per share.
After her case against Rangers was dismissed last Thursday, 13 October, Fox kept her word and pressed ahead with the deal to acquire a stake in the club.
Good signs?
It’s never good to have someone going to a legal battle with the club but now that’s resolved, the intentions of Fox and her firm KRF Capital will be clearer.
American investment is not new to British football and it’s had varying levels of success in the Premier League so it remains to be seen what happens in the future.
Her initial plans were to buy a 75 per cent stake which was not allowed to go through by Douglas Park and the other directors at the club which is good as she’s still a relative unknown.
Being the biggest stakeholder of a huge club like Rangers comes with a certain set of responsibilities that her firm may or may not be ready to tackle.
The coming weeks should give a clear picture as to what the mid-term and long-term goals are and whether she can bring the club back to its glory days.
As of now, it’s all just wishful thinking and playing things by ear until something significant takes place.
In other Rangers news, John Hartson has lashed out amid a “Shocking” recent controversy involving the Daily Record & Craig Moore.