Dave King donates Rangers Dave King

Club 1872 target further Rangers investment as fan group announce £2.5m 'cash injection'

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dailyrecord.co.uk

Rangers by the summer as they look to increase their shareholding in the club.The organisation, currently the club's sixth-largest shareholder, are aiming to purchase former chairman and largest shareholder Dave King's stake over the coming three years.And now, through a share issue, they want to put money directly into the club after talks with the current board regarding funding requirements for the ongoing Premiership season and beyond.Rangers have asked Club 1872 for a first investment next month and the agreement with King will be put on hold until after June, the month the club have requested the funds to be provided by in full.A statement read: "Club 1872 is now in a position to update members and the wider support on our plan to.

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