San Francisco 49ers difficulties revealed in huge Rangers takeover twist
San Francisco 49ers appear to have some problems with regards to the Rangers takeover.
While the NFL giants plan to finalise the deal come the end of April, things do not appear to be going entirely as per plan.
Even on the Gers side of things, there are understood to be frustrations.
Paraag Marathe and co. appear to be having issues in takeover dealings
Paraag Marathe and Andrew Cavenagh are front and centre of the takeover saga from the American consortium.
While they are still confident of getting the deal over the line before the end of the month and remain committed to the deal, they’re having difficulties dealing with the Gers directors who will be parting ways with their stake in the Ibrox outfit.
Daily Record journalist Keith Jackson said on 9 April: “The Americans still think they’ll get this done by the end of the month. He [Scott Burns] also mentioned that the current Rangers directors and shareholders are getting a little bit angsty about it.
“I went away, had a few conversations. I think that’s a fair reflection. I think there is a feeling of growing frustration on both sides of the deal.
“The guys who are looking to sell are wondering why money is not dropped into the bank balance yet and the Americans are feeling that some people on the table are being difficult to deal with.”
Rangers shareholders may require an initial payment to ease their frustrations
For the San Francisco 49ers’ takeover of Rangers to stay on track for an end-of-April completion, several critical steps must occur within the next one to two weeks.
Marathe and Cavenagh need to address the growing frustrations by accelerating negotiations with Gers’ directors and shareholders, particularly Dave King and others like Douglas Park and George Taylor.
This requires finalising the valuation and terms for the 51% majority stake, ensuring all parties feel the deal reflects fair market value.
| 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% |
The legal paperwork, which is already in progress, must be completed and submitted for Scottish FA approval, navigating dual ownership rules tied to Marathe’s Leeds United involvement.
To ease tensions, the Americans could also release an interim payment or firm financial commitment to reassure selling shareholders, countering their impatience over delayed funds.
Both sides must align on a clear timeline to allow a week for final signatures and regulatory clearance.
Swift communication, compromise and decisive action are essential to meet the month-end target.