STUART Gibson is set to become the latest Ibrox investor as part of a multi-million pound deal. 

Gibson is one of two Far East-based businessmen that will put money into Rangers following the departure of chairman Dave King. 

King revealed at the AGM in November that he would be stepping down from his position as he felt Rangers no longer required his financial support going forward. 

Gibson will now come on board alongside the likes of Douglas Park, who is poised to replace King as chairman, George Letham and George Taylor as key backers for the Light Blues. 

But King will not sell off his Ibrox shareholding as part of any fresh investment package.

Gibson has made his money in property and operates in areas such as China, Japan and Australia and is the co-founder and executive director of Hong Kong headquartered real estate operation ESR. 

And he will now strengthen the financial foundations at Rangers as the Ibrox board continue to invest on and off the park in the coming years.