American investor Kyle Fox has doubled down on her intentions to buy a huge stake in Rangers – after defeating the Ibrox board in a Miami court.
Miss Fox was hit with a lawsuit by the club’s hierarchy after holding talks in London with vice chairman John Bennett about a potential takeover plan. The legal action was aborted after two months of wrangling last week when lawyers representing Rangers confirmed the case against her had been voluntarily dropped.
But Fox responded to the development last night by confirming that she still intends to snap up a ‘significant ownership interest’ in the club. Record Sport understands the Florida based investor has agreements in place to hoover up a stake of between 25-30 per cent at 40p per share - which would make her the club’s biggest single shareholder. Her plan was put on hold after being dragged into court by the incumbent Ibrox board.
