Rangers Announce Fan Share Offering Aiming To Raise £6.75m
Rangers Football Club has announced the launch of a unique fan share offering, which will give supporters the opportunity to help future-proof our club and build a lasting, fan-based legacy.
Following their historic 55th league title and during the clubs 150th year, supporters now have the opportunity to acquire ordinary shares at a pivotal moment in Rangers’ history.
The shares will be issued by Rangers International Football Club plc (the “Company”) and provide subscribers with the same rights as the current owners, including voting rights on a one-vote-per-share basis and the right to attend the AGM.
A minimum investment of £500 and a maximum investment of £100,000 will apply per applicant.
Douglas Park, Chairman said: “Rangers has been here for 150 years and it’s vital that we future-proof the next 150 years. The club has to be put in the best possible position and, by widening the ownership to a broader base of like minded supporters and shareholders, we feel it helps put the club on an even stronger footing going forward.”
Managing Director, Stewart Robertson added: “Funds raised will be applied to projects designed to accelerate the financial sustainability of Rangers Football Club, including investing in the new Edmiston House multi-purpose venue, developments at Ibrox Stadium, the acceleration of Rangers’ digital transformation strategy and the club’s international expansion.
“As a club, we will continue to drive our brand in the European and international arenas. We are indebted to our fan base both domestically and across the globe and know they are the foundation of all our future developments.”
Sporting Director Ross Wilson said: “It’s a wonderful opportunity to be involved in a football club that is heading in a positive direction and has a solid plan with a lot of fantastic people behind it. As we move forward, we see huge opportunities on the European stage, we see huge opportunities and domestically, and the opportunity for people to be part of that should be an exciting one.”