Today’s Rangers EGM was a powerful statement of intent from the club’s new leadership team, with Andrew Cavenagh, Patrick Stewart, and Paraag Marathe all taking the floor to outline their vision for a smarter, stronger, and more sustainable Rangers Football Club.
There were no grandstanding promises—just a clear, data-driven philosophy backed by an obvious passion for the badge and a sharp focus on what really matters: building a winning team on the pitch and a self-sustaining club off it.
Setting the Vision: Long-Term Success, Built the Right Way
Andrew Cavenagh opened up about the phone call that changed his life—an invitation to invest in Rangers. What excites him most? The supporters, Ibrox itself, and the scale of competitions we play in.
He and Patrick Stewart laid out a bold but grounded ambition: to win the league and cups every season, but to do it in a way that is financially sustainable. “We want sustainable winning,” said Cavenagh, describing this as a long-term project—not one driven by ego, but by good decisions and strong leadership.
Paraag Marathe added: “We will stack as many 51% decisions as possible.” That blueprint—used at the 49ers and Leeds—is what he intends to apply to Rangers. It’s not flashy, but it’s ruthless in its focus: low-ego, high-accountability, and smart decision-making.
On the Pitch First – Everything Else Comes After
When asked about stadium expansion and infrastructure, Andrew Cavenagh was clear: “Our first priority is on the pitch. That’s urgent.” While expansion of Ibrox and improvements around the stadium will be looked at in time, the focus for now is rebuilding the team and football operation.
The board know that results matter. Paraag Marathe put it bluntly: “There is no honeymoon period in pro sports.” Fans expect results quickly, and the leadership team is under no illusions about the pressure that comes with the job.
Restructure Key Finding in Football Review
Patrick Stewart confirmed that the football review conducted in January identified the need to restructure and appoint a sporting director as a central outcome. While he acknowledged there were other recommendations, the club is keeping those under wraps for now. “We don’t want to disclose what we are doing until we do it,” he said—perhaps a sign of a tighter, more professional approach to internal operations.
The Academy Is the Lifeblood of the Club
One area that got strong backing was the Rangers Academy. Paraag Marathe called it the lifeblood of the club, where future stars “learn the Rangers way and start to bleed blue.” While he wouldn’t be drawn on past shortcomings, he made it clear the academy is a top priority—especially as a smarter way to recruit talent: “Better to buy wholesale than go retail.”
Fan Advisory Board to Continue
There was reassurance too for those concerned about fan representation. The Fan Advisory Board (FAB) will continue, with two possible spaces still to be filled. While there is currently no disability representation, the club made it clear it is open to being as inclusive as possible going forward.
No Exit Plan – Just a Growth Plan
When asked how the new investors planned to monetise their involvement, Andrew Cavenagh’s answer was reassuring: “We don’t have an exit plan. We have a growth plan.” The aim is to build something lasting, and talk of selling or stepping back won’t even be entertained until that growth has been delivered.
Rangers Will Stand Up for Itself – SFA Meetings Coming
There were several questions from the floor about refereeing decisions and the SFA’s perceived inconsistency. Patrick Stewart confirmed that the club has already issued two strong public statements defending Rangers. He added: “We will pick the fights we need to make, and we will stand our front.”
That said, there was also realism. “We do have to work with [the SFA], or they’ll retract from us,” he said. Crucially, meetings with the SFA are planned for tomorrow, with Andrew Cavenagh and Paraag Marathe due to attend—showing that the club is being proactive on and off the pitch.
A Line in the Sand
Andrew Cavenagh summed it up perfectly: “All we have done so far is earn the right to compete—and now we will compete.” This isn’t a vanity project. It’s a long-term commitment from a leadership team that knows exactly what Rangers means to the fans.
This was a confident, measured start to a new era at Ibrox. Now it’s about action—and every sign from this EGM is that we finally have a group in charge who will match our ambition with clarity, structure, and purpose.
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