Find out how to buy shares in Rangers Football Club and what UK investors need to be aware of before taking a punt on one of Scotland’s most successful teams.
Founded in 1872, Rangers Football Club is one of Scotland’s most successful teams. Nicknamed “the Gers”, the Glaswegian outfit plays at Ibrox Stadium and forms one-half of the famous “Old Firm” rivalry with Celtic. With Rangers bouncing back and rebuilding its reputation after financial problems in 2012, plenty of invetors in the UK and abroad are hoping to invest in the ressurgence and buy shares in Rangers Football Club.
Although Rangers’ shares aren’t readily availble on major stock exchanges, it’s still possible to invest. JP Jenkins, Europe’s largest platform exchange for unlisted securities, offers a “matched bargain platform”. In other words, it matches individual sellers with individual buyers of Rangers shares. JP Jenkins can be accessed via the Hargreaves Lansdown trading platform. This guide will explain how to invest in the club and the risks and rewards of doing so.
Latest updates for Rangers Football Club
11 March, 2025: Recent paperwork filed with Companies House reveals that 26.7 million new shares for Rangers Internationl Football Clubs have been issued at 20p per share, with a total price of £5.3 million in a second financial move made by the club this year.
20 February, 2025: Recent news reports from the BBC and over in the US are suggesting that a US-led takeover of Rangers are at an advanced stage. The potential buyers of Rangers will be the investment arm of the NFL fracnhise, San Francisco 49ers – with the Leeds United chairman, Paraag Marathe playing a key role.
How to buy Rangers shares
Because Rangers is an unlisted security, buying shares in it is less straightforward than buying shares in a football club listed on a regular stock exchanges.
However, if you’re looking for alternative ways to invest in Rangers, here’s a step-by-step guide to get access to Rangers shares:
Open a share dealing platform. The first step in investing in Rangers stocks is to open a share trading account with Tifosy or access the JP Jenkins platform through select stockbrokers.
Fund your account. Once your account is set up, deposit funds. You can do that via a bank transfer, debit card, or any other means allowed by your platform.
Decide how much you want to invest. Because Rangers shares (ticker RFC or RNGFF) are illiquid, it can be harder to find sellers with the exact amount of shares you want to buy.
Buy shares. Once you’ve decided how many Rangers shares you want to buy and found a seller, select the amount you want to invest and create an order to buy the shares. And just like that, you’re now officially an investor in Rangers Football Club!
UK platforms for buying and selling Rangers shares
The process of buying and selling Rangers shares in the UK is a little tricky because the club isn’t publicly listed. However, you can get direct access using Tifosy or access a marketplace on JP Jenkins.
To use JP Jenkins, you’ll need an existing stockbroking account with one of these platforms (amongst others):
Owning a piece of Rangers Football Club might be exciting to some, but investing and buying shares isn’t without risks:
Limited liquidity. Shares in Rangers can only be traded through Tifosy or JP Jenkins, which are not traditional stock exchanges. The limited availability of buyers and sellers may make it difficult to sell your shares quickly or at a favorable price.
Price volatility. Due to the restricted trading platforms, share prices may fluctuate significantly in response to small volumes of trades. Market demand is often driven more by sentiment than by fundamental financial performance.
Lack of oversight. JP Jenkins and Tifosy are not subject to the same strict regulations as major exchanges, like the London Stock Exchange (LSE).
Financial performance. Rangers reported a pre-tax loss of over £17 million for the year ending June 2024, highlighting financial instability despite record income. Any future financial losses or operational challenges could further devalue shares.
Dependence on football success. The club’s financial health is heavily reliant on performance in competitions, ticket sales, merchandising, and sponsorship deals. Poor performance on the pitch or failure to qualify for major competitions could negatively impact revenue and shareholder value.
Dilution Risk. The club has issued millions of new shares recently. This could dilute the value of existing Rangers shares if the club continues issuing more in the future.
Corporate governance and transparency. UK investors may have limited access to detailed or up-to-date information about the club’s financial and operational status compared to publicly traded companies.
“Treat it more as a gift with nil value if you are buying shares in Rangers, and if you get something back at the end, you’ve helped the club and maybe had a financial return.”
”
Other clubs you can buy shares in
Rangers isn’t the only football team you can invest in. and most of these cother clubs are actually a lot easier to buy shares in!
Ownership of the 447,248,285 ordinary shares at Rangers is concentrated in the hands of a few titans of the business world.
New Oasis Asset Limited, a holding company of South Africa-based businessman Dave King, is the top shareholder, with 14.12% of the issued share capital. King is currently serving as Rangers chairman for a second term, having held the post from 2015 until the Covid pandemic forced him to stand down to focus on his lockdown-rattled businesses.
Douglas Park, a Scottish entrepreneur and founder of Park’s Motor Group, is the next significant shareholder with an 11.74% stake. Park took the reigns as chairman at Ibrox Stadium from 2020 until April 2023.
George Alexander Taylor, a Glasgow-born businessman, owns 9.85% of the shares, while Stuart Gibson, the co-founder of a logistics company in Asia, holds 9.84%. Meanwhile, Danish investor Julian Wolhardt owns 6.17% through his firm Borita Investments Limited.
Together, these major shareholders play a substantial role in shaping the financial and strategic direction of Rangers.
Major stakeholders
Number of ordinary shares held
% of issued share capital
New Oasis Asset Limited
63,172,893
14.12%
Douglas Park
52,550,000
11.74%
George Alexander Taylor
44,074,998
9.85%
Stuart Gibson
44,000,000
9.84%
Borita Investments Limited
27,611,955
6.17%
John Bennett
24,647,059
5.51%
Perron Investments LLC
24,250,000
5.42%
George Letham
22,274,516
4.98%
Club 1872 Shares CIC
22,202,838
4.96%
Tifosy Investment Nominees Limited
17,610,000
3.94%
Bottom line
While the thought of investing in Rangers might seem a fun idea, it must be remembered that these are not novelty shares, and you are buying real shares in a real company. This can bring both risks – namely, you won’t get all your money back – and rewards – namely, you might make some money if you wish to sell your investment later.
However, like watching the beautiful game, investing in football franchises offers something unique and valuable for investors. It might not quite match a stoppage-time winner to beat fierce rivals Celtic, but for those willing to be patient, the rewards might prove to be just as exciting.
Frequently asked questions
According to the club’s website, Rangers has an issued share capital of 391,008,857 ordinary shares of 1 pence each in the capital of the Company.
According to Rangers, its major shareholders are:
Shareholder
Number of shares held
% of issued share capital
New Oasis Asset Limited
65,422,893
16.73%
Douglas Park
52,550,000
13.44%
Stuart Gibson
40,000,000
10.23%
George Alexander Taylor
39,074,998
9.99%
Borita Investments Limited
23,611,955
6.04%
Club 1872
19,952,838
5.10%
George Letham
17,274,516
4.42%
John Bennett
17,016,985
4.35%
Perron Investments LLC
16,250,000
4.16%
Barry Scott
15,145,000
3.87%
In its most recent accounts published in November, Rangers lost £15.9m. It stated they require £23.2m in funding by the end of the 2021-22 season owing to the Covid pandemic, but that chairman Douglas Park would provide loans to cover the shortfall. Debt or equity funding has been how the club has operated since a regime change in 2015, with supporters willing to plug the losses, which, according to the Atletic, have surpassed £50m in the last 6 years.
Based on having some 390 million shares in issue and a last share price of 20p, Rangers current net worth is £78m.
Owning shares in Rangers entitles you a place at the Annual General Meeting (AGM). And the AGMs of the Rangers are truly unique events, a testament to the democratic power of shareholders. Set by the River Clyde, the 2022 meeting was relatively calm compared to the notorious 2014 AGM. Picture it: the then board, huddled in a gazebo on the Ibrox pitch, scorned and booed by fans for their apparent contempt. A memory that still lingers, highlighting the gravity and impact of these AGMs.
Through highs and lows, the AGM serves as a potent reminder that the shareholders are not just observers but active participants in shaping the club’s destiny.
In the year ended 30 June 2022, Rangers turned an operating profit of £4.1m. That came from revenue of £82.7m, representing a profit margin of 4.96%. However, taking account of additional costs not directly associated with the team’s primary operations, Rangers notched a net loss of £3.5m.
Meanwhile, Rangers has a considerable debt burden, represented by a “current ratio” of 0.43. This is calculated by dividing the team’s current assets by its current liabilities. It’s a measure of Rangers’ ability to pay off its short-term liabilities with its short-term assets. Any number less than 1 might suggest a company has more short-term debt than it can cover in the short term.
Rangers’ balance sheet took a hit during the Covid pandemic, with its stadium shut and ticket sales going to zero.
Post-pandemic, both Celtic and Rangers have made a serious comeback, trading empty stadiums for hefty revenues.
Celtic banked a cool £88.2m, while Rangers weren’t far behind, raking in a hefty £82.6m. That said, when it comes to actually keeping hold of their cash, these 2 rivals are playing different games. Celtic managed to score a profit before tax of £6.1m, while Rangers fumbled, ending up with a net loss of £3.5m.
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To make sure you get accurate and helpful information, this guide has been reviewed by Mark Tovey, a member of Finder's Editorial Review Board.
George is a deputy editor at Finder. He has previously written for The Motley Fool UK, Nasdaq, Freetrade, Investing in the Web, MoneyMagpie, Online Mortgage Advisor, Wealth, and Compare Forex Brokers. He's focused on making personal finance and investing engaging for everyone. To do this he draws from previous work and his Level 4 Diploma for Financial Advisers (DipFA), sharing what he’s learnt. When he’s not geeking out about money, you’ll find him playing sports and staying active. See full bio
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George has written 235 Finder guides across topics including:
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