Found October 21, 2012 on Newcastle United FC Blog:
PLAYERS: Mike Ashley
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 [...]
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Ashley set for stake in Rangers

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...
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