Rangers supporters set £2.5m funds target through share issue

via Soccernet Nigeria |

Rangers have set fans a £2.5million target to raise funds for the club through a new share issue.

Supporters group Club 1872 has agreed the total with the Ibrox board.

The group is the sixth largest shareholder in the club with a stake of close to five per cent.

A statement read: “Following discussions with the RIFC board we can now confirm that a share issue will take

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