Rangers Football Club Overview
Pro stress-test →Founded in 1872, Rangers F.C. is the fourth-oldest football club in Scotland and competes in the Scottish Premiership. The club is the most successful in Scottish football history, having won a record 55 league championships. In 2025, Rangers underwent significant ownership transition when a consortium led by Andrew Cavenagh, alongside 49ers Enterprises, acquired a majority shareholding, with Cavenagh as Chairman and Paraag Marathe as Vice-Chairman.
Strategic Profile
Pro stress-test →Rangers achieved record revenue of £94.1 million (2024: £88.3 million), an increase of 7% year-on-year, driven by strong attendances at Ibrox, continued European participation, and sustained commercial performance. Following the change in ownership in May 2025, Rangers has now transitioned to a private company. The consortium has outlined a strategic focus on improving on-pitch performance while ensuring long-term financial sustainability under strengthened governance.
Competitive Landscape
Pro stress-test →Rangers finished as runners-up in the SPFL Premiership behind Celtic, for the fourth year in a row. The club's primary domestic rival is Celtic FC, Scotland's other historically dominant team, with both clubs dominating Scottish Premiership competition and European participation. Rangers were top of the pile in terms of gross spend at £25.8 million, almost twice as much as Celtic's £13.2 million, reflecting the new ownership's commitment to squad investment.
Industry Context
Rangers Football Club operates in Professional football clubs.
Key facts
Founded: 1872 · Headquarters: Glasgow, UK · Revenue: £94.1M (FY 2024-25)