Rule change that could see more Rangers dual ownership deals
The Guardian reports that the EFL has changed its multi-club ownership rules to allow member clubs - those in the Championship, League One & Two - to buy stakes in Scottish and Irish teams for the first time.
They state that the regulation change was struck at the organisation's AGM earlier this month.
Here, the SPFL and Irish Football League were removed from the list of competitions that clubs were restricted from investing in.
It comes just weeks after Andrew Cavenagh and Paraag Marathe of 49ers Enterprises secured their majority shareholding in Rangers.
The latter also control Leeds United, and so, have dual club ownership, with the San Francisco 49ers also on their books.
It has never been an issue for owners of Premier League clubs to have multiple clubs.
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As well as Leeds' connections to Rangers, Brighton owner Tony Bloom recently purchased a 29 percent stake in Hearts with a £10m investment.
Meanwhile, the first major multi-club ownership deal to be struck in Scotland was the Black Knights Group's investment in Hibernian, when Bournemouth owner, Bill Foley, paid £6m for 25 percent of the Edinburgh outfit.
The need for greater alignment between the EFL and Premier League was highlighted when Leeds's majority owner, 49er Enterprises, entered exclusive negotiations about buying Rangers.
They bought a controlling 51 percent stake in Rangers for £75m.
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