Rangers’ New Owners Finally Speak Up at Ibrox EGM | OneFootball

It was always going to be an interesting day at Ibrox as Rangers convened their EGM on 23 June 2025. With speculation building for weeks over potential boardroom shifts and off-field power plays many supporters were eager to see what the outcome would be. While some headlines had suggested sweeping change others remained cautious pointing to procedural necessity and routine approval of company matters. In the end the truth landed somewhere in between with a few notable developments sparking real interest among the Rangers fanbase.

The EGM which took place behind closed doors saw representation from new key shareholder Andrew Cavenagh whose involvement with the 49ers group has sparked fresh moves in the dugout and renewed investment talk. Cavenagh was present and addressed shareholders stating

His presence signalled a major intent that the new-look boardroom is taking business very seriously. This was echoed by Paraag Maraathe who said “The foundations are being laid to give the manager every chance this summer and beyond.”

Fan reactions have varied with many cautious but hopeful that today marks the beginning of greater unity at board level. Some on social media expressed concern about the influence of foreign investors but others pointed to Rangers’ completed takeover and early links with marquee players as reasons for optimism. The biggest cheer may well come if this board delivers in the transfer market and supports the new manager with strong summer additions.

Speaking of which supporters have not missed the hints that the new regime may be setting up for something ambitious in terms of player recruitment. There has been ongoing talk of a move for a high-profile England international and that sort of boldness has got the faithful talking again. If the EGM was about restoring confidence in the board then the early signs are positive.

A full summary of the EGM can be found in this authoritative report which outlines the key attendees and shareholder decisions taken. What happens next will depend on action not words and Rangers fans are watching.