American traders are in talks with Rangers over a multi-million-pound takeover of the membership.
Paraag Marathe, who’s in his twenty fourth yr on the San Francisco 49ers, is a kind of concerned within the talks to take management at Ibrox.
Marathe – who can also be chair of Leeds United – is president of the NFL aspect’s funding arm, 49ers Enterprises. They’re set as much as oversee exterior enterprise ventures and main funding alternatives for the membership.
Marathe can also be the 49ers govt vice-president of soccer operations.
Discussions are ongoing with no deal agreed but.
Paraag Marathe is Leeds United chair
Former Gers chair Dave King is the foremost shareholder at Ibrox with a stake of round 13 per cent, whereas one other former chair, Douglas Park, and director George Taylor additionally personal over 10 per cent of the membership.
Rangers are 13 factors behind Celtic within the Scottish Premiership. They misplaced the League Cup remaining to their Previous Agency rivals and are out of the Scottish Cup, after a shock loss at residence to Queen’s Park.
The membership posted a £17.2m loss final yr.
Sky Sports activities Information has approached Rangers, Leeds and the San Francisco 49ers for remark.
