Rangers are benefitting from their tie-in with the 49ers (Credit: Imago)

SFA to green light 49ers takeover, Rangers to agree deal in Hampden hearing

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Published on:

22 Feb 2025, 1:40 am

The Scottish FA are set to give their approval for 49ers Enterprises to complete a takeover of Rangers Football Club.

Philippe Clement's men have been struggling to get anywhere near Celtic in recent years but it seems like the Ibrox giants are about to receive the shot in the arm they might need to re-establish themselves as Scotland's dominant force.

It's been widely reportedly that talks between 49ers chief Paraag Marathe and Rangers shareholders are at an advanced stage with the American consortium set to acquire a controlling stake at Ibrox in the coming months.

It remains to be seen if the 49ers will want Clement to stay as Rangers manager. (Credit: Imago)

SFA to hold dual-ownership hearing with Rangers

While it won't be too long before Rangers have new American owners, they will still need to seek takeover approval from the SFA.

The Sun reported on Thursday (20 February) that before they can green-light the deal, they will need to hold a "dual-ownership exemption hearing", in which 49ers Enterprises will share their business plan with Scottish football's governing body.

Rangers shareholders	Percentage of shareholding
New Oasis	12.96%
Douglas Park	11.54%
George Alexander Taylor	10.22%
Stuart Gibson	9.53%
John Bennett	7.11%
Borita Investments	6.69%
Perron Investments	6.00%

Rangers' current major shareholders, as per the club's official website.

49ers will need to do this because they're also majority shareholders of English Championship leaders Leeds United.

The SFA have rules about multi-club ownership but it is understood that they "are expected to give the green light - provided there are no glaring conflicts" with the takeover.