Runners and riders
The Three Bears and Dave King (38.1%)
Former Rangers director Dave King has said he was prepared to work with the Three Bears consortium to rescue the business.
Together they hold 38.1% of the shares in the holding company Rangers International Football Club plc, but they have no boardroom representation.
The Three Bears alliance consists of Hong Kong-based George Taylor with 9.3%, wealthy supporter George Letham with 8.1% and motor group mogul Douglas Park with 6.1%.
Mr King, a South African-based businessman, who bought shares from fund managers Artemis and Miton is now the single biggest individual shareholder in RIFC with 14.6%.
Major decisions over investment that require special resolutions put to shareholders can be vetoed with 25% of the votes.
Mike Ashley (34.9%)
For the moment Mike Ashley, the Sports Direct mogul with 8.9 per cent still a tight grip on the three-man boardroom with allies in chairman David Somers, and director James Easdale. He also has an alliance with the subsidiary operating company chairman Sandy Easdale who holds voting rights over around 26 per cent of the share capital.
The Newcastle United mogul's influence has ensured that his right hand man Derek Llambias became a third member of the board and its chief executive.
And on Monday as the battle for control at Ibrox heated up, another associate, Sports Direct head of brand Barry Leach became finance director.
Sports Direct has for two years had effective control of all financial matters at the club's Rangers Retail operation which runs the three Rangers Megastores, and holds the rights to the club's name and famous crests. Mr Leach had been a director until recently.
Mr Ashley has already signed an undertaking with the Scottish Football Association limiting him to a stake of no more than 10 per cent in the Rangers holding company.
And the SFA has already blocked Mr Ashley's attempt to raise his stake in the club to 29.9 per cent after ruling it would breach "duel ownership" regulations.
Jack Sarver (0%)
The American owner of the NBA's Phoenix Suns has had his £18m takeover bid rejected by the RIFC board claiming it does not "adequately value a controlling interest in the company".
The 53-year-old banker's plan involved buying 100 million shares at 18p per share - below the current share price of 25p.
He has no current stake in the club but there is nothing stopping the executive from improving his offer in the future,
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article