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SBD Global/November 9, 2012/Franchises
Rangers Fans Launch Scheme Enabling Supporters To Buy Share Of Ibrox Club
Published November 9, 2012
FANS TAKING CONTROL: In Glasgow, Richard Wilson noted that "the Trust scheme is designed to allow supporters to have an influence on how the club is run, since a large collective, holding a significant shareholding, will have more say than a single fan with a single share." The Buy Rangers campaign "will also begin at £125 ($200), and fans can invest up to £20,000 ($31,950)." They "will be buying a share in the RST," which functions as a Community Benefit Society and is authorized by the Financial Services Authority. RST Chair Gordon Dinnie said, "This is a great opportunity for fans to invest together and have a meaningful say in the future of our club. The more money invested, the stronger our collective voice" (HERALD SCOTLAND, 11/8).