Football
PA Sport 9y

Fans group Rangers First increases stake in Glasgow club to 1.4 percent

#INSERT type:image caption:Rangers First hope to soon have a greater say at the Ibrox club. END#

Supporters group Rangers First has become the 12th largest shareholder in the Glasgow club after increasing its stake to 1.14 million pounds.

The move means the group now owns 1.4 percent of the Ibrox outfit.

Former Rangers defenders Richard Gough and John Brown joined ex-striker Gordon Smith, all Rangers First members, attended a Q&A with supporters in Glasgow on Sunday to confirm the figures.

Rangers First have more than 7,500 members who make monthly donations, which are then used to buy shares.

Gough said: "I congratulate everyone at Rangers First for reaching this impressive total in such a short space of time."

And Brown added: "Rangers fans around the world want their club back, and Rangers First deserve great credit for buying so many shares in recent months."

Smith said Rangers first had "shown that there is a genuine appetite for fan ownership, and this 1.4 per cent stake in the club gives them an important voice.

"I have no doubt they can have a big say in the running of their club in the future."

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