Scottish Supporters Network
Hosted by Supporters Direct Scotland
Hosted by Supporters Direct Scotland
Date: 8th November 2016
Club 1872 has announced the purchase of a further 192,550 shares in Rangers International Football Club Plc. This purchase takes the total shares held by Club 1872 to 5,093,326 which represents 6.25% of the total shares in the company.
This now makes Club 1872 the 5th largest shareholder in Rangers International Football Club Plc.
A Club 1872 spokesperson said:
“This purchase shows our ongoing commitment to increasing our shareholding in RIFC Plc. This in only possible through the commitment and financial contribution of our membership and we thank them sincerely for that. We are now the 5th largest shareholder in Rangers and we continue to move steadily towards a 10% stake and beyond.”
“The upcoming resolutions at the RIFC Plc AGM present a possible opportunity for Club 1872 to not only increase the fan shareholding in our club but also to invest our funds directly into Rangers in return for that shareholding. We hope that even more people will join Club 1872 to invest in the future of Rangers and to ensure that our supporters have a clear and effective voice in shaping the future of our football club.”
We congratulate Club 1872 on their purchase and efforts to make supporter ownership a reality at Rangers FC.
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