Turki Alalshikh Eyes Rangers FC Takeover Amid 49ers Interest
Saudi Arabian businessman Turki Alalshikh, a prominent figure in sports and entertainment, has reportedly made inquiries about acquiring Rangers Football Club, sparking speculation of a potential takeover. The billionaire, known for his role as chairman of Saudi Arabia’s General Entertainment Authority and his transformative impact on global boxing, is said to be exploring opportunities in European football, with Rangers emerging as a prime target. This move comes despite reported interest from the San Francisco 49ers’ investment group, 49ers Enterprises, which also holds a stake in Leeds United.
Alalshikh, with an estimated net worth of $2.8 billion (£2.14 billion), has a history of football ownership, having previously owned Spanish club Almeria until May 2025 and Egyptian club Pyramids from 2018 to 2019. His recent divestment from Almeria has fueled speculation that he is seeking a new football venture, with Rangers’ storied history and passionate fanbase making it an attractive prospect. Sources indicate that Alalshikh’s interest aligns with his ambition to elevate a club’s global profile, similar to his success in boxing with high-profile events like the Beterbiev-Bivol rematch.
The 49ers Enterprises, backed by the York Family’s £4.9 billion fortune, have also been linked with Rangers, drawn by the club’s potential for growth and its stature in Scottish football. However, Alalshikh’s financial muscle and strategic vision could give him an edge in negotiations. His reported preference for clubs in southern regions, as noted in discussions about English clubs like Millwall and Southampton, suggests Rangers’ location may not deter him, given its European prestige.
Rangers, currently navigating a managerial transition with Andrew Cavenagh leading the search for a new head coach, could benefit from Alalshikh’s investment. His resources could provide a significant transfer war chest, potentially transforming the club’s competitiveness in the Scottish Premiership and European competitions. However, any takeover would require careful navigation of fan sentiment, given past sensitivities around foreign ownership.
While talks remain in early stages, Alalshikh’s inquiry signals a bold move that could reshape Rangers’ future. The coming weeks will be crucial in determining whether the Saudi mogul or the 49ers will secure a stake in one of Scotland’s football giants.
