Rangers CEO Charles Green has confirmed that the Football League has given Newcastle owner Ashley permission to invest in Glasgow Rangers Football Club. Mike Ashley – will own a little less than 10% of Rangers Rangers are now playing in the fourth tier of Scottish football after their bankruptcy, and this is what the other [...]
Newcastle owner Mike Ashley has been cleared to buy a stake in Rangers, according to Ibrox chief executive Charles Green.
Rangers recently signed a retail agreement with Ashley's Sports Direct firm and the businessman has been looking to secure a separate deal giving him a shareholding in the Scottish Football League club.
Green last week launched a ?20million share issue scheme...