BBC Scotland can reveal that a Dubai-based businessman is currently the single largest shareholder in Rangers. Arif Naqvi, chief executive of private equity firm Abraaj Capital, owns just under 18% after agreeing to invest £2m back in June. Naqvi is the man behind Blue Pitch Holdings, but BBC Scotland understands that he has a personal holding in the club. Rangers boss Ally McCoist also owns a stake in the club. McCoist has stake of around 4.5% in Rangers Newcastle owner Mike Ashley is expected to announce his £1m investment next week, securing around 9% of the club. The way was paved for that investment after Rangers ripped up their deal with retailers JJB Sports in favour of Ashley's Sports Direct company. Charles Green took control of the club on 14 June, announcing his intention to secure a number of investors from across the globe. He has always insisted that no one individual will own more than 15%. Other investors include Imran Ahmad and Richard Hughes, from Zeus Capital, who own 9.8% each, Gers boss McCoist has also bought into the consortium and owns a share of about 4.5%. Scottish-based businessman Ian Hart, who was part of the Blue Knights group, has a shareholding of 1.3%. The shares will be diluted, though, after Green launches an IPO share issue allowing fans to buy into the club. http://www.bbc.co.uk/sport/0/football/19376352
Don't ask me tricky questions, I'm only a girl Seems it's in his interest to back the season ticket sale though....
Ashley's paying £1m for 9%. So that values sevco at £11ish. Not bad. He's doubled the price of his investment.
The club huh....seriously, these dopey **** bags want to make their ****ing mind up. "Rangers ripped up their deal with retailers JJB Sports in favour of Ashley's Sports Direct company.".....ripped it up did they? That deal is still in place....with Rangers. Just not with Sevco. "Charles Green took control of the club on 14 June"......Holy ****. No he didn't. I have been wrong about a couple of things in this entire saga. I said that when they started up the new club they would be so guarded that they would never allow themselves to be screwed again. It seems I underestimated the capacity of a collective of spazzos to be tricked over and over again.
Wait for the share issue, "roll up roll up and pay for other people's mistakes and put more money into the pockets of rich investors while you get a say in hee haw"
i wonder how long it will take leggo to jump on the pro green band wagon now that sally is revealed as a shareholder
