Scottish giants Rangers could be handed a major financial lifeline in the coming months.

Head coach Philippe Clement has publicly admitted the club are in serious financial difficulty with the Belgian also battling to keep hi job at Ibrox Stadium.

Club accounts from 2023/24 stated Rangers had suffered a pre-tax loss of £17.3m [$21.9m] up from £3.1m [$4m] in the previous financial period despite bringing in a club record £88.3m [$111.6m] in annual revenue.

The main reason for the drop-off – as per analysis from the Swiss Ramble – was focused on a major reduction in money brought in via player sales as a number of expected transfer deals fell through.

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With the club in crisis, a fresh buyer has been sought, with support from the NFL on it’s on its way via the San Francisco 49ers’ investment wing.

Are the 49ers buying Rangers?

Rumoured talks over a deal have been ongoing since January, but progress has now stepped up, as Rangers seek a solution to their fiscal issues.

As per reports from BBC Sport, there is a “broad agreement between all parties, with current shareholders expected to sell all, or part, of their stake in the coming months”.

The expected structure of the deal would see the new owners take on over 50% of shares in the embattled club, plus a large amount of debt – primarily owed to former chairman John Bennett.

The 49ers investment plan will be led by Paraag Marathe, who is also Leeds United’s chairman, and the key figure in 49ers Investments, 

After a staggered investment at Elland Road, the group completed a full takeover in June 2023, but their plans in Glasgow are unconfirmed at this stage.

With an estimated debt figure of around £45m [$57m], current Rangers directors and shareholders are looking to secure a settlement to end their link with the club, including the largest individual stakeholder Dave King.

Neither party has placed a definitive date on when the expected buyout will be wrapped up, with a broad ‘April to June’ target set, but that does offer an end goal for when the 49ers are willing to wait to make their next investment into a UK club.

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