Rangers: Club share issue will raise £16m for squad funds


Meanwhile, Rangers are attempting to schedule a meeting of Premiership clubs to discusss the use of video assistant referees (VAR), a discussion which may happen in the next fortnight.

Many clubs have publicly expressed concerns about VAR and the general state of refereeing in Scotland.

It’s believed that Rangers have not ruled out withdrawing their financial support of VAR but broadly they believe the system is here to stay.

They might even be prepared to invest more in the technology – for example extra cameras – if they had sufficient confidence that increased investment would lead to better quality decision-making.

When the meeting of clubs takes place there will be an emphasis on coming up with ways to improve the product and get better value for money.

Last month, Paraag Marathe, then the club’s vice-chairman as well as chairman of Leeds United, stood down after discussions with Uefa about multi-club ownership.

Another Rangers director at the time Gene Schneur, also left his role at Ibrox at that time. Neither will be replaced.

Cavenagh also offered his support for manager, Danny Rohl, ahead of the title run-in.

“We are three points off the lead, with seven matches to play,” he said.

“We have complete confidence in Danny, his staff, and our squad. We will approach each match as it comes, and fingers crossed, we will be at the top of the table after 38 matches.”



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