CLUB 1872 have become the sixth largest shareholder in Rangers after purchasing more than 300,000 Ibrox shares.

The fan organisation was formed earlier this year after several groups - including the Rangers Supporters Trust and Rangers First - came together under one umbrella.

Increasing the supporter-owned shareholding in RIFC plc is one of the main aims of Club 1872 and they now own more than 6%.

A statement read: "Club 1872 is delighted to announce the purchase of a further 310,280  shares in Rangers International Football Club PLC.

"This takes the number of shares held by Club 1872 to 4,900,776 which represents 6.01% of the total shares in RIFC PLC.

"This also now makes Club 1872 the 6th largest individual shareholder in RIFC PLC.

"We would like to thank everyone who has contributed to Club 1872 for their continued support. Your support makes purchases like this possible.

"We would also encourage all Rangers supporters to join Club 1872 and play a central role in ensuring that our club is secured for generations to come."