The San Francisco 49ers-led takeover at Rangers could be completed between April and June, according to a report.
It's claimed there is a "broad agreement" between relevant parties for shareholders to sell part or all of their stake to the investment wing in the coming months.
The BBC reports the prospective owners - led by Paraag Marathe - will acquire more than 50% of Rangers shares.
And it's thought the deal could be completed by April at the earliest or by June should matters rumble on.
The new owners will reportedly take on debt, a large portion of which is owed to John Bennett.
We confirmed discussions were taking place between Rangers powerbrokers and the 49ers Enterprise group last night.
It's understood talks have been ongoing for months with no deal signed at this stage.
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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The 49ers investors are likely to command space on the Ibrox board as a result of significant investment in the club meaning there could be major changes in the leadership at the Govan club.
Currently, Dave King is the largest shareholder in the club with almost 13% ownership of Rangers through his New Oasis Asset vehicle.
Douglas Park, of Park's Motor Group, is next with an 11.54% stake in Rangers, followed by George Taylor on 10.22%.
Stewart Gibson holds a 9.53% stake of the club with John Bennett on 7.11%. Borita Investments own 6.69% and Perron Investment, 6%.
Club 1872 hold a 5% share in the Ibrox club.
While it is unclear which shareholders could sell, King previously stated there was 'investor fatigue' at Ibrox.
He said previously: “I wouldn't be looking to invest more money in the club. I don't think that's the way forward for the club.
"I think, and I can't talk for the other guys, there's investor fatigue within the existing board members. So I think the way forward is in fact for us to attract additional investment."
