Keith Jackson has introduced Daily Record readers to a transformative takeover of Rangers International, the Tribute Act founded by Charles Green in 2012.
The veteran Daily Record reporter has a dubious track record when it comes to Ibrox investment plans, a Google search off Off The Radar leads to his finest moment.
Rather than a billionaire from Motherwell to bankroll a Murray-like era of success, today’s moonbeam involves the San Francisco 49ers who are apparently gagging to get involved with the financially troubled teenagers.
This time their wealth isn’t off the radar but Jackson still delivers the phrases transformative, multi-million pound investment, major cash injection and a spending splurge in the summer transfer market.
It is Takeover Bingo time at the Record with Jackson in top form with tonight’s 5.45 WORLD EXCLUSIVE:
Rangers are at the centre of a potentially transformative US led takeover bid – a deal that would see them bankrolled by the enormous financial muscle of the San Francisco 49ers.
The Daily Record has learned top-level discussions over a multi-million pound investment began before the turn of the year – and they are now believed to be at ‘an advanced stage’. And if an agreement can be thrashed out the Ibrox club stand to benefit from a major cash injection which would then fund a spending splurge in the summer transfer market.
Sources from south of the border have confirmed one of the key men behind the proposal is Leeds United chairman Paraag Marathe – the man in charge of the NFL giants’ investment arm, 49ers Enterprises. Marathe – who is also executive vice president of football operations in San Francisco – was the architect in chief of a takeover of the Elland Road Club which took a step closer to a Premier League return on Monday night with a dramatic late win over Sunderland.
It’s understood he is now part of a consortium – including at least one other high net worth American business mogul – which hopes to restore Rangers to the top of the Scottish game after years spent languishing in the shadow of Old Firm rivals Celtic.
The American consortium plans to snap up enough shares to become the biggest single shareholder in the club and would be likely to demand seats in a new look boardroom. The finer details behind the move are not yet clear but the current configuration of major shareholders means that any deal will be complicated.
Former chairman Dave King who owns almost 13 per cent, Douglas Park retains nearly 12 per cent, George Taylor holds just over 10 per cent, Stuart Gibson is not far behind with John Bennett on around seven per cent. Directors Julian Wolhardt and John Halsted share a combined stake of just over 12 per cent.
King has been trying without success to get rid of his shares for four years.
Buying him out will instantly make you the biggest shareholder and leave you on the outside of the Blue Room where Park, Bennet and Taylor hold control with over £20m of interest bearing loans locked into the club.
Anyone looking to have a say in the loss making Tribute Act will need to buy out King, Park, Bennett and Taylor, pay off their loans then inherit a club expected to lose close to £30m this year and tied into UEFA’s Financial Sustainability Regulations.
That will all mean very little to readers of the Record as they celebrate like it was November 2010 all over again when Jackson and his chum James Traynor introduced them to a billionaire from Motherwell with off the radar wealth.
Two years later Charles Green was on the verge of a joint investment with Dallas Cowboys with one email to back up the claim.
Print sales of the Daily Record dropped to 42,000 last month with their sales crash outperforming the industry average.
49ers owned by Fenway group who also own Liverpool redsox baseball and trying to buy Boston celtics for billions so no spare cash to put into these paupers.
No research from Jackson again. Utter pish
Lol it was only last week that I posted on this site that it was time once again for some confetti shares to be branded about and to make a special guest star appearance,and here we have it today.
Now I know big Donald is floating about on a daily basis bullying his way around the world creating and pushing his very own FAKE NEWS,but the SHITE from Jackass Jackson the BOOZE JOCKEY pushing his very own FAKE NEWS,as Frank Carson would say,that’s a cracker.
A klub that’s doing more TAPPING than a blind man’s stick is all of sudden drowning in money,that’s amazing that this FAKE NEWS breaks just as season book reminders are on their way out for renewal,KERCHING£.
As my auld maw once said,I have bought apples of Jackson’s barra before.
Investment from the 49s,aye the 49s you put on in the bookies.
Was he born in Motherwell and does his name rhyme with Vague Shite?
How’s that for timing a special guest star appearance from the right hand man of a billionaire now beingblinkedcwith a takeover at sevco,just as Celtic are being praised for their Champions League performances and the mega money it brought in with it.
That sevco then get a story splashed across the media that more billionaires are to take over the new klub,oh ma sides.
And then to find out that the story was brought to everyone by an ALCOHOLIC PISSED AS FART BOOZE JOCKEY who has form for telling these PORKIES,remember the last billionaire had wealth that was off the RADAR.
JACKSON’S a CONMAN and a FAKE NEWS distributor,you need to count your fingers after you shake hands with him.
I smell shite
“Today’s Moonbeam involves SAN Francisco 49ers who are apparently gagging to get involved with the financially troubled teenagers”
They aren’t actually fuckin teenagers yet !
There’s 160 more days to go until they’re gonna be THIRTEEN YEARS OLD…
As of today they are only 12 years and 205 days old…
Let’s never let The Bastards forget that – EVER !
I’ll give it 12 hours , maybe more and that paper or The Sun will have a list of world class players that could come in
Season ticket renewal time comin up….need some kind if incentive so they do…the gullibillies will lap it up…
Who is the one of the left of the picture…
He looks like ONE UTTER UTTER F**KIN WEIRDO !
“Sources from south of the border…”
I wouldn’t be surprised if it was a few Tims taking the utter piss out of this deluded fuckwit.
Kinda funny how this news comes just after their deathiversary, hmm?
Ye’d think Keef had that article sitting for a while just waiting to deflect fae the Celtic juggernaut…
(;-0)
HH
Season book time..
Up step the gullabillies..
Was it the 49ers or the Dallas Cowboys who Charles Green claimed were ‘interested’ in sevco back in the day?!
…and around the same time that Apple was supposedly interested in buying the ibrox stadium naming rights! 🙂
Jackson should just be pitied,
and the DR should just close its doors for good.
Brilliant, just have a look at the 49rs badge it looks exactly like a badge from a political party from not too far away. Let them wear the hats lol
” If you are going to San Fransisco …let’s all put flowers in our hair “..as the song goes ! Well..those flowers died ….awwwww !