Marathe confirms Rangers won't serve Leeds as feeder club

Paraag Marathe, president of 49ers Enterprises, has assured Rangers fans that the club will not become a feeder team for Leeds United if the American consortium's takeover is completed. Speaking at the Financial Times Business of Football summit, Marathe emphasized that both clubs would stand alone, despite potential benefits from shared ownership. Rangers, currently struggling financially and on the pitch, are in advanced talks for a takeover valued at approximately £150 million. Marathe highlighted the need for clubs with a history of success and growth potential, indicating a commitment to focusing on each club's unique needs. The takeover's timeline remains uncertain, with Marathe also hinting at a potential managerial change at Rangers. The situation is further complicated by EFL rules regarding dual ownership, necessitating Leeds's promotion to the Premier League for the takeover to proceed smoothly.