Due Diligence could start by listening to David Low on The Celtic Exchange

More news of the potential Ibrox takeover, just after yet another demoralising defeat. How convenient eh?…

Ibrox stadium — A general view of Ibrox Stadium on February 14, 2012. HM Revenue and Customs are in the process of asking the Court of Session to put Glasgow Rangers Football Club into administration. This counteracts moves by owner Craig Whyte, who yesterday gave notice of the clubs intent to go into administration. HMRC is in dispute with the Scottish Premier League Champions over a £49million pound tax bill. (Photo by Jeff J Mitchell/Getty Images)

There was yet more breaking news yesterday regarding not just one of the best potential takeover ever, but the best ever potential takeover in the history of football.

It’s of course a follow up on the Keith Jackson ‘exclusive’ which informed us of a possible potential investment from a US based consortium who have links to the greatest and richest ever side in the history of the NFL, and indeed any sport on the planet, the San Francisco 49ers.

🔵 A deal for Rangers to be taken over by US investors has been agreed in principle.

A period of due diligence is now taking place while legal paperwork is drafted up. Full story ⤵️

— Sky Sports Scotland (@ScotlandSky) March 3, 2025

Apparently the deal to make theRangers the richest and most powerful club on the planet has been agreed in principle, and they are just waiting on the ‘due diligence’ (that’s a closer look under the bonnet) taking place before anything is concluded and announced, which will most likely be in the summer.

As with the first exclusive, it’s all been revealed through a ‘source’ and no one has actually said anything on the record. But of course that doesn’t mean it isn’t happening, and good luck to them if it does all go through, as we are in dire need of a credible challenge.

A dejected theRangers fan sits with his head in his hands in the Govan Stand after watching his team lose 3-2 against 10 men Celtic. theRangers v Celtic, Scottish Premiership, Ibrox 11 March 2018. Photo by Stuart Wallace Shutterstock.

If they do get the investment and kick-on from the dire straights that they are in then that will encourage Celtic to put the foot on the pedal.

theRangers interim manager Barry Ferguson reacts during the Scottish Premiership match between theRangers FC and Motherwell FC at Ibrox on March 01, 2025. (Photo by Ian MacNicol/Getty Images)

But you can call be cynical, but it’s also rather convenient that news of this proposed ‘takeover’ is announced on the end of yet another demoralising defeat, the third in a row at Ibrox.

Jefte of theRangers appears dejected at the end of the Scottish Cup match between Rangers FC and Queens Park at Ibrox on February 09, 2025. (Photo by Ian MacNicol/Getty Images)

It certainly worked too as the unrestrained joy poured from their forums and their social media accounts yesterday and into this morning. Maybe they should have learned by now to do some due dilligence of their own to get a better idea of how any such deal might end up looking.

David Low, who helped bring Fergus McCann into Celtic, was on Celtic Exchange Podcast with Tino a few days ago and talked about this proposed Ibrox takeover after discussing how Celtic could fund a redevelopment of the Main Stand. It’s well worth a listen….