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 has insisted that the door has opened for new investors at Rangers after Dave King revealed he had received a bid for his shares at Ibrox.
King admitted to Chris Jack that a £25million bid was rejected for his shares, with previously interested party, Kyle Fox, not the one who made the offer.
Finance expert, Plumley, admitted that other investors will have seen the door open with the value of investment in Rangers remaining high after recent successes.
“I think it shows, if it’s not Kyle Fox, the potential value of an investment in Rangers as a club,” he exclusively told Ibrox News.
“We can go back to the past couple of seasons with the sustained success of the title and the Europa League run mixed with the Champions League and Rangers as an entity in a global space, it shows the investment position.
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“There are interested parties and there always will be, so if this is not Kyle Fox, then the door is open for other investors.”
With shares being issued at 25p recently, it appears as though they are being undersold based on this reveal from King and his rejected offers for those.
Should his share eventually be sold for more further down the line, that could encourage the club to get more worth out of future issues, and continue to increase the value of the club as a result.
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.