Pride Park Stadium

Next Game

Derby v Rangers

Saturday, 02 August 2014, 13:00

Friendly Match

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

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'.

Related News

Most Commented

Readers' Comments

T

he solution is to not feel sorry for any of Jabba, Gold or Sullivan. They're all deeply unpleasant and all deserve each other. If only West Ham would sign Barton and Suarez then no one would ever need to despise any other club.

spuzzell
The Strange Idea Of Sympathy For Big Sam

A

gree with all of this, good work. Brazil has obviously mellowed you...

jeff beck
New Striker Not Liverpool's Priority...

C

lassic management. Build them up and then knock them back. Raise expectations and then dampen them. Create a dynamic where by you demand the most from your team, but where the team are given room to manoeuvre unexpected or unwanted results. Classy work by Van Gaal, he really reminds me a lot of me. A smart cookie, make no doubt.

hump3.
Van Gaal: 'I struggle for first three months'

Footer 365

Transfer news: Sheffield Wednesday sign Tom Lees from Leeds

Sheffield Wednesday have signed defender Tom Lees from Leeds United for an undisclosed fee.

Manchester United owners warn Louis van Gaal over Champions League

Manchester United's owners have piled pressure on new boss Louis van Gaal by stressing the financial perils of failure.

Transfer news: Patrice Evra relishing 'new adventure' at Juventus

Patrice Evra cannot wait to get started at Juventus after arriving in Turin on Wednesday evening.

Mail Box

Divock Origi Is Like Connor Sammon (Sort Of)

One Mailboxer inserts his tongue into cheek to offer his thoughts on Liverpool's newest signing. Plus thoughts on league-owned clubs, badges, and swearing...

Mails Come From A Land Down Under

We have an example of league-owned clubs from Australia while Kiwi boys want more respect for refs. Plus, Van Gaal won't stick with 3-5-2 and worried if Koeman will cut it...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property