Analysis: 'New Rangers owners feel expertise as important as financial muscle'
Given the months of speculation, the takeover announcement comes as no surprise, but what it does give us is the first glimpse of what the new consortium are all about.
The fans have been forced to endure another season of Celtic dominance but, for them, the impending takeover has provided some light at the end of what has seemed like a tunnel with no end.
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This is a fanbase bruised and battered by placing faith in saviours who, in recent years, promised a lot and delivered little. They should be forgiven for casting a suspicious eye over any group or individuals who claim that this time it will be different.
In that respect, the new group have said very little so far, but the news of a £20m investment - the vast majority of which, I've been told - will go on football operations, will be broadly welcomed.
Those who hoped the entire might of the San Francisco 49ers would be thrown at Ibrox on day one might, perhaps, be disappointed. However, that was never going to be the case.
It is £20m the club didn't have last week, but will it be enough to provide the immediate success the supporters crave?
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Throwing money at footballing problems is only part of the answer. This new group feel their expertise will be as important as their financial muscle, and that will be interesting to monitor going forward. The takeover announcement is a milestone on a much longer journey.
Now it's about laying the rest of the path and proving with actions that they'll deliver what the fans have demanded for so long - the dominance of Scottish football.
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