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United's owners complete their Rangers takeover
Yorkshire Evening Post
|May 31, 2025
Leeds United's owners 49ers Enterprises have confirmed their acquisition of 55-time SPL champions Rangers in what is a significant event for Scottish football.
The San Francisco-based group joined forces with United States business tycoon Andrew Cavenagh to bring an offer to the negotiating table of Ibrox board members.
A deal has since progressed with Leeds chairman Paraag Marathe pictured at Ibrox in recent weeks. Yesterday a statement from Rangers confirmed the 49ers' official arrival in Glasgow.
The statement read:
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