{"id":35888,"date":"2025-02-21T12:17:38","date_gmt":"2025-02-21T12:17:38","guid":{"rendered":"https:\/\/sportnews.azontree.com\/?p=35888"},"modified":"2025-02-21T12:17:38","modified_gmt":"2025-02-21T12:17:38","slug":"dave-king-san-francisco-49ers-domino-to-fall-as-rangers-issue-19-word-response-to-takeover-speculation","status":"publish","type":"post","link":"https:\/\/sportnews.azontree.com\/?p=35888","title":{"rendered":"Dave King San Francisco 49ers domino to fall as Rangers issue 19-word response to takeover \u2018speculation\u2019"},"content":{"rendered":"
Dave King is largely credited as the man who saved Rangers Football Club from the clutches of Mike Ashley and the Easdales.<\/strong><\/p>\n

Ten years on, it\u2019s the iconic former Rangers chairman who looks set to kickstart the sweeping US takeover from the investment group behind the San Francisco 49ers.<\/p>\n

<\/figure>\n

The South African businessman hasn\u2019t always seen eye-to-eye with the Rangers board as of late \u2013 to put it mildly \u2013 but remains the Ibrox club\u2019s largest individual shareholder.<\/p>\n

But as Paraag Marathe\u2019s 49ers eye a 50% stake in Rangers, it\u2019s Dave King who is set to be the first domino to fall as an American revolution gets underway at Ibrox.<\/p>\n

    \n
  • READ MORE:<\/strong> Rangers \u2018expected\u2019 to lose \u00a33m star this summer with Euro giants hovering<\/li>\n<\/ul>\n

    Dave King to sell up to San Francisco 49ers<\/h2>\n

    According to the Rangers Review, Dave King is preparing to sell his 12.98% shareholding in Rangers to the 49ers Investments group.<\/p>\n

    The outlet believes that the former Ibrox chairman could lead the way in the coming weeks, with the takeover expecting to be completed between April and June.<\/p>\n

    Dave King has been outspoken in recent months about \u2018investor fatigue\u2019 at Ibrox and openly criticised the performance of the club under the leadership of Douglas Park.<\/p>\n

    King, who convinced Steven Gerrard to move to Rangers, stepped down as chairman in March 2020 but since then there has been a succession of overhauls in Glasgow.<\/p>\n

    If Dave King does sell up, it will signal the end of an era at Rangers and symbolically, will represent the most high profile step towards San Francisco 49ers ownership.<\/p>\n

    King is one of seven major shareholders at Rangers, with the US group also needing to negotiate with Douglas Park (11.54%), George Taylor (10.22%), Stuart Gibson (9%), John Bennett (7%), John Halsted (6.69%) and Julian Wolhardt (6%).<\/p>\n

    Rangers respond to takeover \u2018speculation\u2019<\/h2>\n

    Rangers have responded to the speculation linking the 49ers Investment group to an Ibrox takeover in the coming weeks.<\/p>\n

    The club have refused to be drawn on the \u2018speculation\u2019 and with the buyout ongoing, will not comment on any potential discussions.<\/p>\n

    \n
    \n

    \"Dave<\/p>\n<\/div>

    Photo by Steve Welsh\/Getty Images<\/figcaption><\/figure>\n

    In a short 19 word response, as quoted by the Scotsman, Rangers said:<\/p>\n

    \u201dIt is not our policy to comment on speculation. If there were any such discussions, these would remain confidential.\u201d<\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

    The South Africa based businessman holds a 12.98% stake in Rangers. \ud83c\uddff\ud83c\udde6\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc73\udb40\udc63\udb40\udc74\udb40\udc7f<\/p>\n","protected":false},"author":6,"featured_media":35889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-35888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nfl"],"yoast_head":"\nDave King San Francisco 49ers domino to fall as Rangers issue 19-word response to takeover \u2018speculation\u2019 - NEWS USA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportnews.azontree.com\/?p=35888\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dave King San Francisco 49ers domino to fall as Rangers issue 19-word response to takeover \u2018speculation\u2019 - 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