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Rangers EGM LIVE as Andrew Cavenagh and Paraag Marathe outline Ibrox vision

It's the dawn of a new era at Ibrox and fans will get their first chance to quiz the owners since the Rangers takeover.

Andrew Cavenagh, the driving force behind the buyout, pledged to pump an initial £20million into the Light Blues coffers.

But investment is all subject to shareholder approval at today's Extraordinary General Meeting.

There won't be any issues but fans will at least get the opportunity to hear for themselves how Cavenagh and Co – 49ers Enterprises and Leeds United chairman Paraag Marathe is also to be in attendance – plan to end Celtic's dominance in Scotland.

It's a big day for the club with new boss Russell Martin also taking charge of his first training session with the majority of the squad returning for pre-season.

Nico Raskin won't be there as he enjoys an extended break due to international duty but will he be part of the long term plan after Record Sport revealed Wolves are set to pounce.

It's the type of question shareholders might want answers to when they gather this morning.

Follow it all right here in our LIVE blog.

The holding company of Rangers is seeking to change its name in the wake of their seismic takeover as they shift from a public to private company – subject to shareholder approval today.

The Ibrox side have traded as 'The Rangers International Football Club PLC' since November 2012 but will now be known as 'Rangers International Football Club Limited' in the new era under chairman Andrew Cavenagh and 49ers enterprises – led by vice chairman Paraag Marathe – will see a shift if voted through at today's Extraordinary General Meeting (EGM) at the Doubletree Hilton in Glasgow.

The vote to change needs 75 per cent approval to pass.

Rangers who were not publicly listed on

Read more on dailyrecord.co.uk
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