Kyle Fox must push for complete Rangers takeover now as Douglas Park continues to decieve
All speculation regarding Kyle Fox and her push to become a majority shareholder at Rangers appears to have gone quiet right now at Ibrox.
The Daily Record initially reported that the American businesswoman was pushing for a 75% takeover of the club, but it was met with hostility from Douglas Park and then came the nonsense in court.
After that, it was shared that Fox had an agreement in place to hoover up to 30% of shares in the club, instantly making her the number one stakeholder if completed.
That hasn’t happened yet.
Even with the £75million promise of capital investment which finance expert, Dan Plumley told Ibrox News could be used on regenerating the stadium or even for transfers.
It comes after a year of big questions being asked of Park and the current board, with investment nowhere near what the fans had been wanting to see.
Getting to the Europa League final and then qualifying for the Champions League brought in millions instantly, but add on top of that the sales of Nathan Patterson, Joe Aribo and Calvin Bassey and it surely takes it beyond £100million.
Where has that gone? The Bears were said to have spent only £14.2million, mostly on rubbish, and ended the window with a positive outlay of £17.72million – that’s before the European windfalls added on top [Transfermarkt].
Shocking.
There is only one man who can answer all of our questions, and that is Park himself.
Where has the money gone? Why did we end up making a transfer profit and not spending more after one of the most successful years ever in terms of a positive windfall?
For a man who so aggressively opposed Fox taking full control of the club, his own running simply needs to be held accountable for this painful averageness we are being forced to watch this season.
Club 1872 have yet again asked for a meeting with him, yet their requests fall on deaf ears as Park continues to hide away in what has been our biggest year in over a decade.
Now, it is time for Fox to come in.
Rangers need fresh perspective, and potentially, they need a fresh overhaul from the very top, starting with that American influence and cash flowing throughout.
Forget majority stakeholders, maybe now is the time to go for 100% control.
In other Rangers news, this finance expert admits the Bears have numerous options on the table to generate more investment when needed