The Scottish football governing body decided to purchase the stadium after making a decision to remain at Hampden instead of moving to Murrayfield.
Signing the deal also comes after Glasgow City Council had originally refused to waive a charge unless they were given a say in the future of the stadium. They have since stepped back.
The SFA are thought to have paid up to £5m for the stadium, with help from Lord Willie Haughey and Sir Tom Hunter. The transfer of ownership will take place on 1st August 2020.
SFA president Rod Petrie said:
“The real work begins now to ensure Hampden Park can continue to serve the needs of the game and be an inspirational home for Scottish football in the future.
“We can build on the short-term work currently undertaken to make Hampden Park, Glasgow and Scotland a memorable Host City Venue for the forthcoming UEFA EURO 2020 finals.”
The move impacts Rangers in that Hampden Park will now be the official home of Scottish football. Cup semi-finals and finals will be played in the ground, with any talk of a move to Murrayfield now suitably quashed.
Whilst a change of scene might’ve been nice, Rangers fans will now have a short way to go to reach the stadium.
That’s if we can get there again this season.
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