Fans wanting to invest have been asked to register their interest from 5pm today. Green is expecting a deluge of requests: Rangers boasts one of the highest percentages of season ticket holders in Britain.
‘From the time we acquired the business and assets of Rangers FC, we indicated our intention to list the company and provide our fans with the opportunity to invest in their club,’ he says. ‘I am delighted that our plans are coming to fruition.’
This has been a tough year for Rangers, which collapsed under the weight of its debt earlier this year and was penalised with a 10-point reduction, which booted the club out of the first division and effectively handed the premiership title to Celtic. Once new owners had taken control of the club, Green accused Rangers’ former backers of bringing ‘shame’ on the Rangers. But the relaunched club is quite the turnaround success. ‘Rangers is debt-free and a huge club with enormous support and a 140-year track record of success on the domestic and international arenas,’ says Green.
With this flotation, Green and the clubs owners are hoping to restore confidence in Rangers. Green says: ‘Our aim is to return the club to its glory days whilst ensuring it is run efficiently and profitably.’ And Rangers is letting fans buy a small slice of that glory too. Ah.