A Rangers supporters group has launched an alternative home strip as they look to raise money to buy further shares in the Ibrox club.
The Rangers Supporters Trust (RST) today announced that was launching the strip with all proceeds invested in shares with a view to buying influence in the boardroom.
The new blue strip, priced just under £33, follows a red and black version previously released by the Trust.
The move comes after it was revealed that the club made only £2,000 from its marketing deal with Sports Direct in the first half of this year which is heavily weighted in favour of owner Mike Ashley.
CONNECT WITH THE SCOTSMAN
• Subscribe to our daily newsletter (requires registration) and get the latest news, sport and business headlines delivered to your inbox every morning
The Newcastle owner has invested millions in the Ibrox club in recent years and now has representation on the club’s board through Derek Llambias.
An RST spokesman said: “We have had an incredible response to this online already. All the profit from the shirts will be given to the RST. That means that around £10 from the sale of each shirt will go to purchasing Rangers shares and it is our intention that all these funds will go directly into the club via a new share issue, if this is approved at the AGM.”
“We think this compares very favourably with the current retail deal and is a very effective way of supporting the club financially but with a view to giving the fans a much larger say in what goes on in the boardroom.”
“We’ve already sold over a thousand red and black shirts and indications are that the blue shirt will overtake that in the run-up to Christmas.”
The shirts are available from www.thelionbrand.co.uk and www.redandblackshirt.co.uk .
SCOTSMAN TABLET AND IPHONE APPS