Head coach appointment the 'first priority' for Rangers board

Yahoo

a day ago

Rangers' new leaders Andrew Cavenagh and Paraag Marathe say their "first priority" is to appoint a new head coach.
An American consortium, led by Cavenagh and 49ers Enterprises, are now in charge at Ibrox after buying a majority stake in the club and have pledged to invest £20m this summer.
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Kevin Thelwell, who will officially join as sporting director from Everton on Monday, has been working in the background on the search for a head coach along with the new owners, with Davide Ancelotti the frontrunner and Russell Martin also in the frame.
In an open letter to fans, chairman Cavenagh and vice-chairman Marathe said: "We are proud to be entering a new chapter for this extraordinary club. This moment is the result of months of thoughtful discussions with club leadership and our shared confidence in Rangers' success going forward.
"To that end we'd like to tell you a bit about our thinking.
"Simply put - our goal is to win trophies in Scotland and be able to compete at a high level in Europe, while laying a foundation of financial sustainability for the future.
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"As our first step, we are investing fresh capital into Rangers, which will be strategically deployed on and off the pitch.
"While we recognise the importance of resources, we believe that thoughtful, disciplined investment, guided by a clear strategy, is the path to enduring success.
"Every decision, whether sporting or business, will be made with the club's long-term success and sustainability in mind.
"We aim to leverage the full strength of 49ers Enterprises' sporting expertise and operational experience, and are confident in Patrick Stewart and Kevin Thelwell to lead this next phase.
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"Our first priority together is clear: hiring a new men's head coach. That process is already well under way, and we look forward to sharing more updates soon. We will also look to invest in talent for our teams.
"Moving forward, we are reconstituting the board to bring in a few new voices and skill-sets. We all owe a special thanks to the previous board for their service. They stepped up in a difficult moment when the club needed them and laid the foundation for what comes next.
"Above all, we know that true success comes from understanding and honouring what makes this club special. In our time getting to know Ibrox, Glasgow, and you, we've felt the pride, history, and passion that set Rangers apart.
"You have made it clear what this club means to you, and we take the responsibility of leading this club seriously."