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Rangers welcome share purchase from Douglas Park’s Three Bears group

• Three Bears bought 13.3m shares on New Year’s Eve
• Rangers also confirm Lewis Macleod sold for just under £1m
• Turmoil on and off the pitch as Rangers look shell-shocked

The Rangers board has welcomed the purchase of 13.3m shares by millionaire businessman Douglas Park’s Three Bears group.

It was revealed on New Year’s Eve that the club’s largest shareholder Laxey Partners had sold its 16% stake to Park and his associates George Letham and George Taylor.

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