FELIX Magath has refused to douse rumours that he’s keen on becoming the new technical director of Rangers, writes Mark Walker.
The 61-year-old German coach is understood to have snapped up £200,000 of shares in the Championship club, meaning he owns around 1 per cent of the financially-stricken Ibrox side.
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Magath is believed to have linked up with the three wealthy Rangers-minded businessmen, Douglas Park, George Letham and George Taylor, in a bid to become the new powerbrokers at Ibrox.
And the former Bayern Munich, Stuttgart and Wolfsburg head coach refused to knock down suggestions he could become the new technical director of Rangers in an interview with Hamburg’s evening newspaper.
Magath said: “I was in Glasgow last week, that’s right. What conclusions you want to draw from that is up to you.
“I have bought shares for more than 30 years and therefore I am always looking at all businesses.
“I also once wanted to buy shares in Borussia Dortmund when I was a coach in the Bundesliga, but I was prohibited because they said I could intentionally lose to Dortmund to enhance the share price.”
Magath – who was sacked by Fulham in September after a series of dire results – did admit he has unfinished business in the UK.
He said: “I would like to work again in Britain because the football there is more interesting.
“It was a mistake to go to Fulham. They only hired me to try and escape relegation, but the club had problems for years. I wanted the job because I wanted to try English football.”
His time at Craven Cottage may have been unfulfilling but Magath has enjoyed great success as a manager in his native Germany, winning back-to-back Bundesliga and German Cup doubles in 2005 and 2006. Even more impressively, he guided the unfancied Wolfsburg to the German title in 2009 as both head coach and director of football.
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