Rangers face a lack of interested parties prepared to fund a full takeover at Ibrox, Stephen McGowan has shared.
The Scottish Daily Mail journalist, writing in its print edition (14 January, pg 74) admitted that any new owners would also face growing FFP restrictions at Ibrox.
Rangers fans are now consistently campaigning against the directors and current board, but their £22m in loans are also a huge takeover barrier.
McGowan wrote: “Where you cannot fault the directors is their personal financial commitment, which presently stands at £22million in loans.
“This sum, as much as anything, represents a huge barrier to the kind of regime change many fans would now like to see.
“The lack of interested parties prepared to buy out the board and operate under increasingly tight FFP restrictions is another.”
Rangers Takeover Update at Ibrox
Some really anxious fans appear to have no end in sight right now.
Despite some surprising recent performances, Patrick Stewart has backed Philippe Clement on the pitch, and it looks that the board is also stuck.
With existing loans likely standing in the way of new investors, the additional expense could be the safety net those figures require to remain in place.
Stewart and Fraser Thornton have only recently arrived, but being at the top of Rangers Football Club puts a lot of pressure on you.
It is already an outrage that Celtic holds the Scottish Premiership title after only entering 2025, yet that is the current situation.
External investment was considered as more plausible back in October, rather than a full takeover, but even that hasn’t transpired in the months that have followed (Chris Jack).
Fans have legitimate worries, but there appears to be no immediate solution in Govan.
