Finance Guru predicts new investment at Rangers as Ibrox boardroom conflict clear
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Rangers...
Dan Plumley believes that there may be different types of investment coming in at Rangers in the coming months with conflict rising behind the scenes.
The Rangers faithful has been on the back of Douglas Park and the board for quite some time, with Dave King, now backing out of his agreement with Club 1872 to sell his shares.
Finance Guru, Plumley admitted that the agreement may not be as attractive as it was at the time due to the differing economic climate now with the time for a shake-up potentially coming.
“There has been conflict and you can see a little bit of that in this story,” he exclusively told Ibrox News.
“The other side of that, we can see that actually there is a lot going on at that club and in the economic climate more wider that it’s probably not the attractive offer that it once was, and also, the supporters do feel that the club is secure and don’t need intervention from this particular group.
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“That’s interesting as it may be that things are settling down at the minute, but there is still a line that the board are still open to Club 1872 having investment in the future, so it’s one of those that is not fully off the table.
“I’d link that to a wider look at Rangers moving forward, they’ve had two to three successful seasons with really good European runs, but obviously now a little off the pace, it is, looking at that maybe time for a shake-up.
“You may possibly see some different types of investment coming in or maybe share issues.”
In other Rangers news, the club are in line for a multi-million windfall from the Premier League after a £10m Auchenhowie milestone was reached.