£500 is price of stake in Rangers

Rangers fans will be able to buy shares in the club for £500 when the Ibrox club is floated on the stock market.

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Green is making a pitch in the US for new deals
Green is making a pitch in the US for new deals

The annoucement came last night from chief executive Charles Green.

And it follows the appointment this week of Capita Registrars to help with the share issue that will allow supporters to own a stake in the club, with stakes set to be offered to the public within a matter of weeks.

Green and Light Blues director Imran Ahmad have jetted out to North America to meet Gers fans in Toronto, New York, Orlando and Houston, laying out their ambitious blueprint for the future.

The Ibrox chief executive also revealed he is close to striking a deal with Adidas to produce strips and merchandise from next season as he looks to expand the Rangers' brand across America.

Talks are also being held with the Dallas Cowboys over a commercial tie-up as Gers attempt to break into a potentially lucrative market in a bid to bring in up to £40m in merchandise cash.

Closer to home, the Englishman is also eager to upgrade the G51 area around Ibrox, revitalising the land with a focus on health and leisure activity rather than retail outlets, as well as purchasing Edmiston House.

Meanwhile, Green insists Motherwell will be made more than welcome at Ibrox next midweek – because he believes the Steelmen were forced into snubbing Rangers this summer.

Well were one of 10 clubs who voted against allowing Ally McCoist's side to take their place in the SPL this season, with the Gers then starting the campaign in the Irn-Bru Third Division.

The SPL leaders will travel to Glasgow on Wednesday night for a Scottish Communities League Cup tie and while Green admits Rangers have enemies within the top flight, he reckons Motherwell were left with no choice but no deny Rangers their place in the top flight.

He said: "Not everyone in that room wanted Rangers out of that league and I know which ones were happy and which ones were not.

"When some of these clubs come to Ibrox they will be welcome. When others come, they won't be so welcome.

"We know Rangers are bigger than all of this so we ask the fans to get behind the club as they have done so well.

"I want them out there at the Motherwell game cheering and singing.

"Motherwell are a club suffering financially because Rangers are not in the SPL and we don't believe that Motherwell are anti-Rangers.

"They were under pressure from their fans and they took a decision and we understand that.

"Take all of these external pressures away then Motherwell and other clubs would have voted differently."


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