Rangers have announced a ‘fantastic’ new commercial partnership with Forrest Precision Engineering.
The company have been involved with the Gers for some time but are now officially an ‘Associate Partner’.
The deal will see a new VIP lounge located in the main stand at Ibrox named ‘The Forrest Precision Executive Lounge’, while the business have also become one of the ‘Founding Fathers’ of New Edmiston House, which is currently under construction.
“This is a fantastic, mutually beneficial commercial partnership for both Rangers and Forrest Precision Engineering,” said Rangers commercial and marketing director James Bisgrove [Rangers.co.uk]. “Scott [Forrest] and his business have supported Rangers for a number of years, and we are excited this has been elevated further through an Associate Partnership, which will see the creation of the new Forrest Precision Executive Lounge.”
“Rangers Director George Letham has been instrumental in the forging of this partnership and we’re grateful for his ongoing support, on multiple levels, throughout the Football club.
“I am also delighted to welcome Forrest to our small family of New Edmiston House Founding Fathers and, on behalf of the board, thank him for his commitment to this hugely exciting project that sits at the heart of our 150th anniversary celebrations.”
Barely a month seems to go by without a new partnership of some kind being confirmed by Rangers and Bisgrove deserves immense credit.
New partnerships or expansions on existing agreements provide the club with vital additional revenue, which is particularly key with plenty of challenges still being provided by the pandemic.
Since Bisgrove’s appointment in 2019, the number of partnerships has more than trebled, and they have helped to fund the quality squad that Steven Gerrard currently has at his disposal.
The ‘Associate Partners’ pool is still relatively small, though, with Forrest Precision Engineering joining the likes of Nord VPN, Cadbury and FanLogic, who currently have the same status.
Rangers also received a cash boost in the form of a transfer fee for a 21-year-old earlier this week.