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Glasgow Live
Sport
Ben Banks

American investor keen on Rangers stake after declaring victory upon lawsuit controversy resolution

American businesswoman Kyle Fox has insisted that she remains keen on a potential investment at Rangers.

The principal of KRF Capital recently prevailed in a US District Court in a trademark lawsuit brought against them by those at Ibrox. Rangers dismissed it after two months of legal briefing and only hours after Fox's group filed its reply in support of a motion to dismiss Rangers’ claims. It's stated they were talking to certain Rangers shareholders to 'lawfully acquire' an ownership stake in the club but the Light Blues filed under the Lanham Act based on the 'untenable premise' that it wasn't up for sale.

'Actual and legal deficiencies' were pointed out and Fox has suggested that the fight is far from over as she is keen to bring what she believes is something promising to the table. She told Daily Business: "We have always been, and will continue to be, open and transparent with Rangers’ board, shareholders, and investors.

READ MORE: Michael Beale's post Rangers stock soars as Wolves to request talks with 'number one' boss target

"I look forward to putting the lawsuit behind us and continuing to explore opportunities to bring value to the Rangers organisation, its loyal fans, investors, and other stakeholders through KRF Capital’s proposed acquisition of a significant ownership interest in the club.”

Following the settlement of the case, Ms Fox’s representative James Gillenwater said: “We were committed to fighting these wrongful accusations against Ms Fox.

"We were confident that she would be vindicated, as she was by Rangers’ withdrawal of all its claims.”

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