CLUB 1872 have become the fifth largest shareholder at Ibrox after increasing their Light Blues stake.

The supporter organisation have purchased a further 192,550 shares to take their shareholding in RIFC plc to 6.25%.

A Club 1872 spokesperson said: “This purchase shows our ongoing commitment to increasing our shareholding in RIFC Plc.

"This [is] only possible through the commitment and financial contribution of our membership and we thank them sincerely for that.

"We are now the 5th largest shareholder in Rangers and we continue to move steadily towards a 10% stake and beyond.

“The upcoming resolutions at the RIFC Plc AGM present a possible opportunity for Club 1872 to not only increase the fan shareholding in our club but also to invest our funds directly into Rangers in return for that shareholding.

"We hope that even more people will join Club 1872 to invest in the future of Rangers and to ensure that our supporters have a clear and effective voice in shaping the future of our football club.”