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Paraag Marathe and Gene Schneur have exited their posts at Ibrox Rangers have confirmed Paraag Marathe is standing down as vice-chairman of the Scottish Premiership club. The American, who came in as part of the San Francisco 49ers Enterprise consortium last summer, is also the chairman of Premier League club Leeds United. He, along with Gene Schneur, who is also a Leeds director, are standing down after discussions with European football's governing body, Uefa, about multi-club ownership rules. Rangers say the move does not have any impact of the 49ers' investment at Ibrox and there are no current plans to replace them. The decision comes two days before Uefa's deadline for clubs to ensure they are compliant with its multi-club ownership rules. Should two clubs qualify for the same European competition, and they are adjudged to be in breach of said rules, then one club will lose their place. Rangers are almost certain to qualify this season and, although Leeds are not in the running through their league position, they remain in the FA Cup. Visit our Rangers page for all the latest news, analysis and fan views Get Rangers news notifications in the BBC Sport app Premier League: Build-up to Wolves v Aston Villa Jacks & Ahmed carry England to another thrilling win Chelsea to face holders PSG in Champions League last 16 Lord Sugar's hopefuls jet off to Hong Kong Annie and Nick look ahead to the Brit Awards The making of Charli XCX's fourth album, during the 2020 lockdown An occult-tinged crime shakes a Welsh village to its core 'Aberdeen savour the most perfect game ever played' How Mc Tominay became a Napoli icon after Man Utd exit Scotland men's internationals to be shown live on BBC Commonwealth Games: Why is it so special to be part of Team Scotland? From titles to tinpottery - rank Scotland's top 10 clubs 'Borthwick relaxed but defiant amid England Six Nations slide' How do Man City's Muslim players adapt to Ramadan and what help do they get? Cadillac and Audi - the same ambition but two very different projects #Do It Like Harry - from viral Twickenham mascot to England U18s prospect India overpower Zimbabwe to restore hopes of semi-final spot. Video India overpower Zimbabwe to restore hopes of semi-final spot The £37m cost of Man Utd's past two managerial changes 'He had it all' - Taylor pays emotional tribute to Virgo. Video'He had it all' - Taylor pays emotional tribute to Virgo 'I had some potential, but my personality was preventing me from reaching it' The 'rare combination' behind Britain's youngest F1 driver 'Darlings of Italian football' - how Atalanta salvaged national pride 'It would be catastrophic' - are Spurs too big to go down? 'Equal in decay' - Mayweather v Pacquiao is another boxing 'carnival' Why has it gone so wrong for Aston Martin? How safe is bare-knuckle boxing as it fights for mainstream appeal? Copyright © 2026 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.