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Glasgow Rangers under US management: A breath of fresh air at Ibrox!
The Glasgow Rangers were taken over by US investors under Andrew Cavenagh in order to re-promote the club and improve strategies.
Glasgow Rangers under US management: A breath of fresh air at Ibrox!
On May 30, 2025, Glasgow Rangers, the Scottish football record champions, underwent a significant change. A consortium led by American investor Andrew Cavenagh and the San Francisco 49ers has taken control of the club by acquiring 51 percent of the shares. This acquisition marks a crucial step in efforts to return Rangers to the top of Scottish football after the club has lagged behind city rivals Celtic Glasgow in recent years, according to Krone.
Cavenagh will act as club boss in the future. The takeover was the result of months of negotiations and shows the new owners' commitment to investing in the club's future. Former chairmen Dave King and John Bennett will sell their shares to the club, meaning full board control of the new consortium, Sky Sports reports. This is intended to initiate a new beginning in order to regain the fans' lost trust.
New sports director and manager search
With the takeover, Kevin Thelwell was named as the new sporting director for the Rangers. Thelwell, who will officially start work on Monday, will take responsibility for football operations and will work closely with CEO Patrick Stewart. Important decisions also lie ahead at the management level as a new permanent manager is sought after Barry Ferguson's only temporary tenure. Potential successors include Davide Ancelotti and Russell Martin. Steven Gerrard, the former Rangers manager, will not be able to return due to scheduling conflicts.
The Rangers also plan to strengthen their team during the summer transfer window. Fresh capital is to be generated by identifying salable players such as Hamza Igamane and Nico Raskin. This will be supported by the 49ers' resources to support targeted recruiting efforts.
The future of Ibrox
Another focus of the new management team is on renewing the infrastructure. Rangers are in discussions about necessary upgrades to their Ibrox stadium and training center. These include plans to increase stadium capacity and improve training facilities to meet the demands of modern football. In recent years, fan dissatisfaction with management, which ultimately led to protests, has been a growing problem. The new ownership is expected to bring fresh ideas and investment to the club, which could be crucial to a Rangers comeback.
Overall, the takeover suggests a hope for renewal and stability, while Rangers still have the memories of their only league title since 2011 and the very narrow defeat in the 2022 Europa League final against Eintracht Frankfurt fresh in their minds. The time window for returning to the top European leagues also remains a challenge for the traditional club. According to kicker, the financial structures of football are particularly important in this phase to ensure future success.