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‘£11 billion they’ve raised’: Charlie Adam reacts to news coming out of Rangers

Photo by Rachel Holborn - BRFC/BRFC via Getty Images
Photo by Rachel Holborn - BRFC/BRFC via Getty Images
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Charlie Adam has welcomed news of new investment at Rangers.

Rangers confirmed on Wednesday that Perrson Investments had bought a 4.16 percent stake in the new Premiership champions – the equivalent of 16 million shares.

According to The Glasgow Evening Times, the group is fronted by Harvard-education John Halstead, whose Pamplona Capital Management company has committed £11 billion into their business.

Here’s how former Gers midfielder Adam reacted to the development on PLZ Soccer yesterday: “They’re on a good flow at the moment. The director has done a wonderful job bringing all these sponsors and attracting some money into the football club.

“Only good news for Rangers and I’m sure Steven and Ross Wilson will be looking to spend some of those pennies in the summer. This guy seems to be [the real deal]. Since 2015, capital of £11 billion they’ve raised. Big money.”

This is quite a timely development for Rangers, it must be said.

Steven Gerrard’s side have sauntered to the Premiership title this season – their first since 2011 – after what’s been a dismal attempt of 10-in-a-row for Celtic.

That being said, Celtic will undeniably come back harder next season and there could be quite a bit of investment into the playing staff at Parkhead during the summer.

What Rangers want to do now is try to create a period of success, similar to what Brendan Rodgers enjoyed with the Hoops, and they can’t do that by resting on their laurels.

The Ibrox outfit need to match Celtic’s investment during the summer months and with new money in the club, this is quite a boost.

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Photo by Rachel Holborn – BRFC/BRFC via Getty Images