
Andrew Cavenagh breaks Rangers US takeover silence with perfect date mooted to announce £100m deal
One part of Rangers’ prospective new US ownership in Andrew Cavenagh was at Ibrox to watch the club stun Fenerbahce in the Europa League.
Rangers are on the verge of a US takeover led by healthcare mogul Cavenagh and US sports consortium 49ers Enterprises.
The £100m takeover will see the Americans take a 51% stake at Ibrox with the deal expected to be completed by the end of May.
Cavenagh was in situ to watch Rangers defeat Fenerbahce on penalties and propel the Ibrox club to the Europa League Quarter Finals.
Andrew Cavenagh takes in Rangers v Fenerbahce
After the match, Sky Sports managed to get some comment from the incoming Rangers owner but Cavenagh was tight-lipped on any takeover talk.
Explaining that he was only at Ibrox to support Rangers against Fenerbahce, the American’s presence in Glasgow reaffirms reports that a takeover is edging closer.
A great match tonight,” said Cavenagh. “I’m just here to support the club.
Have a wonderful night.”
The US healthcare insurance mogul would then disappear into his transport with the Europa League clash a special night to drink in your first experience of Ibrox.
Reports have suggested it will cost US investors as much as £100m to takeover at Rangers.
Rangers have perfect date to announce US takeover
Rangers have reached the Europa League Quarter Finals after a tense penalty shoot-out victory over Fenerbahce with Jack Butland the hero in Glasgow
Jose Mourinho took aim at the officiating come full-time but it’s Rangers who progress despite losing 2-0 on the night, the foundations of the victory set in the 3-1 win away in Turkey.
Athletic Bilbao now lie in wait for Rangers who will welcome the Spaniards to Glasgow for the first leg of the Europa League Quarter Final on April 10th.
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