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Rangers aim to build on 55th league title by launching share scheme in which fans can shape the future direction of the club for £500 investment as Scottish champions plot very different path to giants who wanted European Super League

At a time when relations between football clubs and fans has been strained – particularly those who support the six Premier League teams that were set on the European Super LeagueGlasgow Rangers have taken an alternative step.

Fresh from winning their 55th Scottish Premier League title, the crowning achievement of Steven Gerrard's three-year spell in charge, Rangers have launched a scheme that will see fans be able to buy shares in the club for a minimum investment of £500.

The ambition is to raise £6.75million and since opening up the opportunity to pre-register last Tuesday, Rangers have been inundated with applications.