Scott Galloway, a professor, entrepreneur, and investor, revealed that taking over a significant stake in Rangers FC would require a substantial investment of £10 million to £40 million. Galloway, who previously explored a takeover bid but ultimately dropped it, explained that he lacked the necessary financial resources for such a venture. He recently joined a consortium that acquired Colombian side La Equidad, showcasing his interest in football.
American businessman Scott Galloway revealed investors would need to pump up to £40MILLION into Rangers to become a major player at the club.
Galloway discussed the takeover of the South American side in his The Prof G Pod and that led to him talking about his potential involvement in Rangers again - and the kind of numbers it would take to take over some of the major shareholders. Former chairmen Dave King and Douglas Park are the biggest shareholders at Rangers with 14 per cent and 12 per cent of the club respectively. Eight other groups hold stakes of less than 10 per cent, including fans’ group Club 1872, which owns 4.96 per cent. South African businessman King is viewed as a willing seller having previously held talks about offloading his stake to Club 1872
RANGERS FC SCOTT GALLOWAY TAKEOVER INVESTORS FOOTBALL
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