The San Francisco 49ers are looking to invest in Rangers heavily.
Reports emerged last night suggesting that 49ers Enterprises president Paraag Marathe - who is also the chairman of Leeds United - had been in talks with key figures at Ibrox about potentially investing.
The takeover talks are believed to have been in the works for several months.
Additionally, as well as the obvious financial benefits of the American investors coming on board, the consortium intends to implement the 49ers' sophisticated, data-oriented technology for scouting players and to pursue profitable sponsorship deals.
This isn’t 49ers Enterprises’ first foray into football in the UK market. The group owns Championship leaders Leeds.
The 49ers are valued at $6.86 billion, according to Sportico's most up-to-date rankings.
While looking at buying a controlling stake in Rangers, at the same time, the NFL side is open to selling around 10 percent to private equity firms.
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A new chapter for Rangers? American investment group eyes major takeover
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Rangers release short statement on American investment talks
The enterprise is more than just an American football team - it has a majority stake in sports agency Elevate.
49ers don't own Levi's Stadium - the venue for the team's home games. This will play host to next year's Super Bowl, and will also feature in the 2026 FIFA World Cup.
How do the 49ers rank in terms of the most valuable NFL franchises?
Sportico have published a handy list to map the answer out.
Top 10 most valuable NFL franchises
1) Dallas Cowboys - $10.32bn
2) Los Angeles Rams - $7.79bn
3) New York Giants - $7.65bn
4) New England Patriots - $7.31bn
5) San Fransisco 49ers - $6.86bn
6) New York Jets - $6.8bn
7) Miami Dolphins - $6.76bn
8) Philadelphia Eagles - $6.75bn
9) Las Vegas Raiders - $6.7bn
10) Washington Commanders - $6.3bn
Rangers released a short statement on the ongoing matter last night.
They said: “It is not our policy to comment on speculation.
"If there were any such discussions, these would remain confidential.”