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The National (Scotland)
The National (Scotland)
Sport
Ewan Paton

The Rangers board member who was key to US investment talks

The Rangers board member who was key to US investment talks can be revealed.

It's understood that current board member, John Halsted, has played a prominent role in bringing potential investors to the table. 

The American helped get 49ers Enterprises on board to potentially buy a controlling stake in the Scottish Premiership club.

Paraag Marathe - President of 49ers Enterprises and chairman of Leeds United - is leading the US consortium.

Last night, it emerged that the overarching business umbrella of the NFL team - San Francisco 49ers - were in advanced talks with Rangers.

It's not clear exactly how much the American investors would be willing to put in to Rangers, although it's understood that any deal would be worth multiple millions.

A Rangers spokesperson said: “It is not our policy to comment on speculation.

"If there were any such discussions, these would remain confidential.”


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Football finance expert Kieran Maguire has delivered his verdict on the potential deal. 

He wrote on X: "The biggest issue at Rangers is in relation to boardroom and investor issues as there has been a lot of conflict, although things seem to be improving.

"New owners could assist, but note that SF49'ers already own Leeds United so it is unlikely to be a huge cash injection."

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