Rangers’ recent history has been a rollercoaster, marked by financial turmoil, domestic success, a European final, and yet another rebuild on the horizon.
Back in 2015, key figures arrived at Ibrox to rescue the club from years of mismanagement. Now, with the San Francisco 49ers consortium launching a takeover bid, the stage is set for another major transition.

While excitement has been building throughout the week, Dave King has urged caution. However, the former chairman has consistently backed up his words with actions.
Dave King: Rangers’ Saviour Once Again?
Earlier this season, King openly criticized the current board and even offered his expertise to help steady the ship. When his offer was declined, he took a different route—one he had seemingly anticipated for some time:
“I estimate that the Club needs a minimum of £50million to achieve our short to medium term objectives but that could never be raised under the present board structure,” said King about change.
“The funds we need must come from a far wider and wealthier base and from parties that will be willing to invest more (over time) to take the Club forward and to become a modern age football club.”
The Right Investors for Rangers’ Future
The 49ers Enterprises group and their partners are not looking to inject cash into Rangers without a clear return. As savvy business figures, they recognize an opportunity—the chance to build a thriving football club and a profitable venture.
Success on the pitch translates to financial gain off it, ensuring both fans and shareholders benefit.
To put King’s £50m estimate into perspective, it equates to a single season in the Champions League—an investment necessary to restore Rangers to its former stature.
Just as he played a pivotal role in 2015, King remains a crucial figure in 2025. Even if this deal ultimately sees him step away from the club he loves, his influence in shaping its future is undeniable.