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Finance Expert shares Rangers takeover verdict as scenarios unfold
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 a full acquisition or the long game is possible when it comes to a potential Rangers takeover in the near future.
The Heart and Hand Podcast have shared rumours that are swirling around forums and Whatsapp regarding a potential sale of the club, something which could be difficult given the numerous shareholders.
Plumley admitted that a £175million valuation is realistic right now, with multiple ways of getting a deal done if investors were to come in and thrash out talks.
“I think it depends on the people you are dealing with,” he exclusively told Ibrox News.
“There are multiple ways a takeover could happen, you can have full acquisition outright, everybody is dealt with at that time. You could start to build up a minority investment and turn it into a majority in the future as you start to buy people out of their shareholdings along the way.
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“It depends on the negotiations with that one, the valuation is often more clearer than not, and I’ve said this before, if it is £175million, that’s a decent valuation for Rangers right now, but the models aren’t bulletproof.
“Then it is down to the investor, the owner, the shareholders and the stakeholders to thrash out what that looks like, whether that is a full acquisition and everyone is dealt with or it is staggered, it would be in the negotiations because, at that point, you’re dealing with people and their motives as much as the financials of it.”
With John Bennett only recently taking over the reins from Douglas Park, he has started work on a complete overhaul at the boardroom level.
It is very unlikely at this stage that all that work would be done just to sell the club through himself and other shareholders, with the long-game much more likely if interest was there.
In other Rangers news, an out-of-court settlement is predicted to be on the cards after the latest legal developments at Ibrox