Rangers get huge takeover boost after major development

Rangers have received a major potential boost regarding their proposed takeover by the San Francisco 49ers.

The NFL giants are keen on acquiring a majority stake in the Ibrox outfit and aim to finalise the deal within the next few weeks.

Dave King and a number of shareholders are willing to sell a significant portion of their stake to help the Americans get to 51 per cent.

Leeds United promotion to the Premier League facilitates the takeover

Leeds United secured promotion back to the Premier League on Easter Monday as Burnley beat Sheffield United, while they thumped Stoke City.

According to the Record, with this, a potential barrier to Rangers’ takeover has been removed.

49ers Enterprises, the group with a controlling interest in Leeds United, are close to securing a majority stake in the Ibrox outfit after extended negotiations with their shareholders.

However, there were concerns about whether the deal would be finalised, as it hinged on Leeds United’s final position in the 2024-25 season.

EFL regulations prohibit owners from holding majority stakes in more than two British clubs.

Leeds, managed by Daniel Farke, recently hit a rough patch, managing just one victory in six matches, which raised doubts about their promotion to the Premier League.

This poor run increased the risk of slipping into the Championship playoff spots, potentially complicating the ownership transition for 49ers Enterprises, but now that doubt has gone.

49ers make some big moves at Rangers in the first three months

In the first three months after the Rangers takeover, 49ers Enterprises will likely focus on stabilising the club by injecting funds for transfers, targeting young talents to bolster the squad.

They’ll implement data-driven recruitment strategies, leveraging their NFL expertise.