‘I was aware of the rumours of Donald Trump buying Rangers – my first sit-down board meeting with him would have been interesting…’ Ally McCoist gives verdict on reports of a high-profile takeover

US President Donald Trump waits to speak in Emancipation Hall during inauguration ceremonies at the US Capitol in Washington, DC, on January 20, 2025. (Photo by Greg Nash / POOL / AFP) (Photo by GREG NASH/POOL/AFP via Getty Images) with the Rangers crest behind him
Donald Trump (Image credit: Getty Images)

Donald Trump returned for a turbulent second term as US president in January, but he could have been a football club owner if things had turned out differently.

Back in 2012, before he’d ever run for president, Trump was linked with a takeover at Rangers during their financial crisis – his mother is Scottish, and he owns two golf courses in the country.

Reports ultimately suggested that Trump didn’t proceed with his interest, deeming their fiscal situation too dire. “We looked seriously and walked away,” a Trump source said at the time. “It just didn’t make sense to us, although they’re a great club.”

Trump's first manager?

Ally McCoist during his role as a TNT Sport pundit

Ally McCoist (Image credit: Getty Images)

Ally McCoist was Rangers manager back then, and tells FourFourTwo that he did see the speculation about Trump at the time.

“I was aware of the rumours – I think my first sit-down board meeting would have been interesting!” he laughs.

Former US President and Republican presidential candidate Donald Trump looks on during his last campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024.

Donald Trump (Image credit: JEFF KOWALSKY/AFP via Getty Images)

“The one thing I would say about Trump – we can argue about his politics, we’ll probably agree on what we think about his politics and we can discuss it until the cows come home – but he knows how to run a golf course, I can tell you that!

“So forget everything else, if it’s any dealings in sport, his two golf courses north of the border, Turnberry and Trump International in Aberdeen, are nothing short of magnificent, they really are.

“But I wasn’t really conscious of the fact that the deal was anything like going to happen, I think they were just rumours.”

Rangers could be under new American ownership soon, with investors reported to have agreed a deal to buy the club – although Trump isn’t on the agenda this time.

Leeds United chairman Paraag Marathe and health insurance tycoon Andrew Cavenagh are leading the bid, hoping to help the club return to title glory – they’ve endured a difficult period since winning the league in 2021, and trail Celtic by a distance again this term.

“This one is certainly hopefully nearer completion," McCoist said, speaking in association with talkSPORT BET.

“There’s a bit of due diligence getting done as you’d expect, but I’ve heard that the parties have agreed in theory about the deal, which is great. I’m excited about it, I really am, it’s long overdue.

“It’s alarming how far the club have gone backwards since winning a title and being beaten on penalties in a Europa League final not so long ago.

RIYADH, SAUDI ARABIA - AUGUST 24: Steven Gerrard coach of Al Ettifaq looks on during the Saudi Pro League match between Al-Shabab and Al Ettifaq at Al-Shabab Club Stadium on August 24, 2024 in Riyadh, Saudi Arabia. (Photo by Yasser Bakhsh/Getty Images)

Steven Gerrard (Image credit: Getty Images)

“No club on the planet has any divine right to success, look at Manchester United, but I just think the mismanagement and poor decision-making at Rangers in recent years since probably since Steven Gerrard left – or I take that back, probably since they got rid of Gio van Bronckhorst – has been shocking, unacceptable in many aspects.

“Where every fan has a divine right is to care about your team and want the best for them, all fans are like that and so they should be. I’m the same about Rangers.

“The mismanagement since Gio left in terms of recruitment, it’s just been really poor. Of course you’re not going to get every decision right in terms of bringing players in and letting players go, but it’s been unacceptable.”

Baby steps

Rangers fans display a large banner in the crowd ahead of the UEFA Europa League group C football match between Rangers and Aris Limassol at the Ibrox Stadium in Glasgow on November 30, 2023.

Rangers fans (Image credit: ANDY BUCHANAN/AFP via Getty Images)

Rangers have progressed in the Europa League, and won 3-1 at Fenerbahce in the first leg of the last 16 on Thursday, but their woes in the domestic league were compounded by a shock Scottish Cup defeat at home to Queen’s Park.

“I’m one of those Rangers fans who’s looking forward to change and I don’t mind if it takes a while,” he said.

“I just want to get our club back on a stable footing, competing with Celtic, I’m not wanting anything dramatic at the moment, I just want to be giving Celtic a challenge in the league, because we’ve not got it at the moment.

NEWCASTLE UPON TYNE, ENGLAND - DECEMBER 02: TNT Sports presenter Ally McCoist during the Premier League match between Newcastle United and Manchester United at St. James Park on December 02, 2023 in Newcastle upon Tyne, England. (Photo by James Gill - Danehouse/Getty Images)

Ally McCoist (Image credit: Getty Images)

“The European run has been good, we’ve had some good results in Europe again this year, but your bread and butter is domestic football.

“I’m quite excited about the new owners, I like the way they’re going about it, Leeds look like they’re in a very good place at the moment.

“That would do me, measured, let’s regroup, it’s not going to happen in the next three months but let’s get a plan and a structure, a group of people who know what they’re doing, care about what they’re doing and care about the club, and move forward. That would do me.”

Chris Flanagan
Senior Staff Writer

Chris joined FourFourTwo in 2015 and has reported from 20 countries, in places as varied as Jerusalem and the Arctic Circle. He's interviewed Pele, Zlatan and Santa Claus (it's a long story), as well as covering the World Cup, Euro 2020 and the Clasico. He previously spent 10 years as a newspaper journalist, and completed the 92 in 2017.