US Group Including 49ers Enterprises Buys Majority Stake of Glasgow Club Rangers
- A U.S.-based consortium that includes 49ers Enterprises has purchased a majority stake in Scottish soccer club Rangers.
- The investment group, led by Andrew Cavenagh, acquired a 51% stake and plans to invest £20 million .
- Andrew Cavenagh will serve as the chairman of Rangers' board and emphasized the club's rich history and traditions.
- This acquisition follows the 49ers Enterprises' takeover of Leeds, who will play in the Premier League next season after winning the second-tier title.
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53 Articles
The Glasgow Rangers Now Belong to an NFL Club
Scottish football record champion Glasgow Rangers has taken over the five-time Super Bowl winner San Francisco 49ers. A consortium led by the billion-dollar US investor Andrew Cavenagh and the company 49ers Enterprises has taken over 51 percent of the shares, the club announced. Cavenagh will also be the club head in the future.The Rangers have been clearly suspended in recent years by the city rival Celtic Glasgow. Since 2011 only one champions…

49ers expand reach in European soccer, buy majority stake of Glasgow club Rangers
GLASGOW, Scotland — Scottish soccer club Rangers confirmed on Friday a U.S.-based consortium that includes an investment arm of the San Francisco 49ers has purchased a majority ownership stake. Rangers said health insurance entrepreneur Andrew Cavenagh and 49ers Enterprises led the consortium of investors that was reported to have bought a 51% stake. The purchase price was not disclosed. Related Articles 49ers listened to pessimist…

US group including 49ers Enterprises buys majority stake of Glasgow club Rangers
Scottish soccer club Rangers has confirmed a U.S.-based consortium that includes an investment arm of the San Francisco 49ers has purchased a majority ownership stake.
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