The make-up of Rangers shareholders has been revealed in their annual accounts as the Govan side become the latest in Scottish football team to reveal the heavy impact of the coronavirus.
City rivals Celtic recently announced they barely scraped a profit while Aberdeen's losses nearly trebled as the pain over playing in empty stadiums continues to take it's toll on the financial health of the game.
The men that have invested in the Ibrox club have shown they are more than willing to put their hands in their pockets to fund the team and chairman Douglas Park and director John Bennett have agreed to provide additional lending facilities to ensure the club gets through this tough time.
And the Ibrox club will be looking to it's key investors to help the club traverse the choppy waters ahead amid continued uncertainty about when fans will be allowed back into stadiums.
The major shareholders are as follows:
- New Oasis Asset Limited , 66,672,893, 20.69%
New Oasis is Dave King's family firm and the South Africa based businessman appears to have no desire to sell his shares despite ending his stint as chairman earlier this year.
- Douglas Park , 40,000,000, 12.41%
- George Alexander Taylor, 31,574,998, 9.80%
- Stuart Gibson, 25,000,000, 7.76%
- Borita Investments Limited , 23,611,955, 7.33%
This company is reportedly linked to Danish businessman and director Julian Woldhardt.
- Club 1872 , 16,202,838, 5.03%
The fans group is the 6th largest shareholder.
- John Bennett 15,800,000 4.9%
- Barry Scott , 15,145,000, 4.7%
- George Letham ,14,774,516, 4.59%
