Rangers fans concerned about Ashleypublished at 12:00 British Summer Time 18 August 2014
Rangers supporters have expressed concern over reports that Newcastle owner Mike Ashley has been asked to increase his stake in the Scottish Championship club as part of a £4m share issue.
Ashley already owns about 7% of Rangers' shares and the Union of Fans, an umbrella group of Rangers supporters' representatives, has demanded assurances over dual ownership complications.
"We would question the wisdom of approaching someone who, despite his obvious wealth, cannot significantly invest in the club without removing himself from his ownership position at Newcastle," says a Union of Fans statement.