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Tuesday, 15 April 2014, 19:45

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Rangers shares change hands

Rangers have revealed a major shareholder has sold a large number of shares in Rangers International Football Club PLC.

Last Updated: 13/08/13 at 17:25 Post Comment    Bet with SkyBet  Scottish Cup Winner 13/14. Click here to bet.

In a statement to the Stock Exchange, the Scottish League One club confirmed 3.25m shares were sold to Isle of Man-based Laxey Partners Ltd, a hedge fund run by bankers Andrew Legge and Colin Kingsworth.

In June the same company bought around 700,000 shares from former chief executive Charles Green, who returned to the club as a consultant last month.

On its website, Laxey Partners Ltd, claims it 'conducts investments in companies which it feels are undervalued' in order to 'fulfill their potential and hence enhance shareholder value'.

Bet with SkyBet  Scottish Cup Winner 13/14. Click here to bet.

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Readers' Comments

I

may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

Mike_Christie
Please Stop Telling Us What To Think

H

ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

TheWhiz
Wenger hails important win

I

s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
De Gea's Europa League target

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