Rangers takeover roadblock on the cards as frustrations emerge
Rangers are in the midst of a takeover saga and there could still be a few more twists and turns in the deal.
The San Francisco 49ers are keen on acquiring a majority stake in the Ibrox outfit with a verbal agreement already reached.
Dave King is understood to be open to selling his stake to pave the way for the Americans to take over.
Gers takeover hurdle may be on the cards amid frustrations
While the takeover appears to still be going ahead, there could be a hurdle given how many parties are involved in the deal.
Daily Record journalist Scott Burns said on 7 April: “I’m told that the deal is quite close to the finishing line but what I’m also told is that there are maybe some Rangers directors who are getting a bit frustrated at the time taken to complete this deal.”
Some directors may be growing impatient with the prolonged timeline, likely due to the intricate legal and financial negotiations across different time zones and parties.
| Shareholder | Stake |
| Dave King | 12.96% |
| Douglas Park | 11.54% |
| George Taylor | 10.22% |
| Stuart Gibson | 9.53% |
| Julian Wolhardt | 9.53% |
| John Halsted | 9.53% |
| John Bennett | 7.11% |
This frustration could lead to renegotiations or stalled talks if alignment falters.
To move forward, all parties need clear communication and a unified deadline, ideally by 31 May, before the summer transfer window, to maintain momentum.
The 49ers consortium should prioritise finalising legal paperwork already in review and offer incentives to hesitant directors, ensuring their concerns are addressed swiftly.
Rangers fans face an anxious wait for the takeover to be completed
Streamlining discussions with a dedicated mediator could also prevent further delays, securing the transformative investment Rangers fans crave to bolster the club’s competitiveness.
Setting a 31 May deadline for the takeover offers significant benefits by providing clarity and stability for all involved parties.
Finalising the deal by this date ensures the San Francisco 49ers’ consortium, led by Paraag Marathe, can assume control well before the summer transfer window opens, typically in early June.
This timing allows the new ownership to allocate funds and strategise signings immediately, strengthening the squad for the upcoming season – a critical advantage in the competitive Scottish Premiership.
It also mitigates the risk of prolonged uncertainty, which could frustrate shareholders like King and impatient directors, potentially derailing negotiations.
A firm deadline fosters urgency, streamlining legal and financial processes already underway and aligns the Light Blues’ planning with the 49ers’ long-term vision.
By resolving the takeover pre-window, Gerscan hit the ground running, enhancing both on-pitch performance and off-field growth.