Club 1872 is pleased to announce the purchase of a significant block of shares in Rangers International Football Club PLC (RIFC) – representing 4.46% of the total shares in the company. These shares have been purchased from MASH Holdings Limited.
Club 1872’s acquisition takes our shareholding in RIFC over 10%, a significant marker in our progress as a shareholder/investor in RIFC. We now hold 10.71%, making Club 1872 the second largest shareholder in RIFC.
We are delighted that our members’ support for Club 1872 has brought us to a point where we can acquire these shares and complete the process of restoring control of RIFC to those who view the footballing success of Rangers FC as being just as important as RIFC’s careful stewardship financially.
Club 1872 allows Rangers supporters to help safeguard the future of our Club. Taking our shareholding above 10% puts us well on our way to that goal.
Our next ambition is to reach out to those Rangers supporters who are not already members of Club 1872 and encourage them to join. Together we can achieve great things for our Club.
The remaining shares held by MASH Holdings Limited have been purchased by Julian Wolhardt, the CEO of Dehong Capital Partners, a Hong Kong based private equity firm.
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