San Francisco 49ers touchdown in Scotland with 51% stake in Rangers

June 2 – The San Francisco 49ers group, fresh off securing promotion with Leeds United to the Premier League, has now set its sights on Glasgow Rangers. On Friday, the group confirmed it had acquired a 51% controlling stake, laying out a plan for long-term financial sustainability and improving “on-pitch performance”. The acquisition consortium is led by Andrew Cavenagh, who made his fortune in healthcare and has already invested £20 million ($27 million) in the 55-time Scottish champions.