Scottish Football - Investor set to buy Rangers stake

Kieran Prior, boss of private equity firm Pri Arc, claims he is set to buy a stake in Rangers and could soon become the Ibrox club's biggest single shareholder.

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Scottish Football - Investor set to buy Rangers stake
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Kieran Prior will purchase up to 1.4 per cent of Rangers within the next 48 hours

The Salford-born 34-year-old, now based in London, has cerebral palsy and reportedly has an IQ level of 234, ranking him one of the most intelligent men in the world.

Prior is a Manchester United fan whose family originally hail from Galway but claims to have a soft spot for the Light Blues which is why he says he will purchase up to 1.4 per cent of Rangers within the next 48 hours in a deal worth around £600,000, with the prospect of increasing his stake.

He told the Daily Record: "My motivation is simple. I want to see a club with a great heritage, and one I've supported from a distance since I was a child, grow as an institution.

"I'm not a frontman for anyone else, 100 per cent guaranteed. This is my stake and mine alone.

"The transaction to buy between one and 1.4 per cent of Rangers I hope will be completed on Thursday, or within 48 hours.

"I want to see what's under the hood of Rangers and I have the financial wherewithal to continue to buy significant shares, perhaps growing it over the coming months to between five-10 per cent.

"I have no links or associations with anyone at Rangers. I met Malcolm Murray (former chairman) a few years ago but that was in relation to asset management business.

"There is nothing venomous or tactical in my approach. Judge me on my actions, not perceptions."

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