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Investor George Taylor backs fans to take control of Rangers

Alloa 0 - Rangers 1

By Andy Newport

Three Bears investor George Taylor believes Rangers should eventually be controlled by the Ibrox support.

Along with partners Douglas Park and George Letham - as well as oldco director Dave King - the Hong Kong-based banker is among three factions battling for control of the Glasgow giants.

But, while the Three Bears' most immediate threat comes from US financier Robert Sarver - who has launched a £20million takeover bid - and the current board and their ally Mike Ashley, Taylor believes the club should eventually be governed by the Light Blues faithful.

The Morgan Stanley managing director has now signed up to a life-time membership with fan-ownership group Rangers First.

In a statement, he said: "My hope is that direct fan ownership would become the biggest individual owner of Rangers."

Rangers First have made a number of significant strides in recent days.

Wealthy supporter Jim McColl recently handed the group his 10,000-share Ibrox stake last week, while they have signed up around 700 new members since the Three Bears and King bought up around 34 per cent of the club in two surprise transactions just before the new year.

On Saturday night, they announced another 60,000 shares had been purchased, giving them control of 0.8 per cent of the club. The Rangers Supporters Trust has also recently increased its stake to just over one per cent.

With the fight for power set to come down to which faction can get to 51 per cent, the fans could yet play a vital role for the Three Bears and King in the coming days.

Rangers First director Ricki Neill said: "With our monthly contributors donating amounts from £5 upwards, Rangers First have the income to buy an increasing number of shares every month.

"The more members we get the faster we grow and the bigger our shareholding becomes. George Taylor is one of many true Rangers fans that have joined Club 1872, we look forward to meeting up with George in the near future."

Meanwhile, midfielder Nicky Law believes a win against Hearts on Friday could kick-start Rangers' Scottish Championship title push.

The Ibrox side trail the Jambos by a massive 13 point at the top of the table but Law, who scored a first-half winner as the Light Blues finally beat Alloa at the fourth time of asking on Saturday, said: "The quality of player we have got, we know we should be doing a lot better than we have been doing.

"It's a must-win game. If we can get it back to 10, you never know."

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