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U.S. Consortium Acquires 51% Stake in Rangers FC

5/31/2025

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Summary

Story summary

A U.S. consortium, spearheaded by Andrew Cavenagh and 49ers Enterprises, has taken a significant step by acquiring a 51% stake in the iconic Scottish soccer club, Rangers. With Cavenagh stepping in as chairman and Paraag Marathe as vice-chairman, the revamped board, now featuring Mark Taber, Andrew Clayton, and Gene Schneur, promises to usher in a new era of leadership for the storied club.

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Story summary

A U.S. consortium, spearheaded by Andrew Cavenagh and 49ers Enterprises, has taken a significant step by acquiring a 51% stake in the iconic Scottish soccer club, Rangers. With Cavenagh stepping in as chairman and Paraag Marathe as vice-chairman, the revamped board, now featuring Mark Taber, Andrew Clayton, and Gene Schneur, promises to usher in a new era of leadership for the storied club.