Rangers fans stunned as 'major' takeover twist emerges at Ibrox

Rangers fans have been left stunned after “major” takeover news emerged as American investors are said to be considering an offer.

Reports claimed the investors value the club at around £150million and are weighing up buying a minority stake, while a number of existing shareholders are open to selling.

Frustration at the current ownership and board has been bubbling throughout the summer given the controversy surrounding the redevelopment of Ibrox.

On top of that, a slow and uninspiring transfer window has led to continued criticism of the club as fans fear falling too far behind their rivals.

Fans are welcoming the potential takeover deal given those frustrations, with many hoping it will spell an end to their struggles under the current ownership structure.

However, it has since been reported that part-owner Dave King has firmly denied the speculation, insisting there is “no truth whatsoever” to the rumours.

Rangers fans stunned by takeover twist as Dave King speaks out

King’s denial came within the hour of the initial report breaking – leaving supporters deflated after their initial reaction to the news.

However, given the growing frustration at the state of the club, the possibility of a takeover has set tongues wagging in Glasgow, with wide-scale changes on the cards.

Supporters took to social media in response to the initial story as the chance of a takeover and change in ownership led to plenty of excitement.

In other news, Rangers are in talks to sign a defender after a new Leon King exit twist.

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