RANGERS FIRST have revealed that they have broken through the £1million donation barrier as the Light Blue legions have stumped up to help their club.

And the Gers group have now set their sights on taking their shareholding above the 5% mark to increase their Ibrox influence once again.

RF have released their first annual members report for the period to June 30 last year - a time that saw the Community Interest Company become the largest fan ownership organisation in Britain.

Rangers First currently hold a 3.52% stake in Rangers International Football Club plc and spokesman Ricki Neill is delighted at the progress that has been made in recent months.

He told SportTimes: “We have always had the target of reaching a 5% shareholding and that is why we launched ‘Club 1872’ because we knew if we sold 1872 of the packages at £500 then we would have been able to reach that target quickly.

“We have taken £400,000 from people joining Club 1872 and that has been a huge part of what has made us as successful so far.

“The fans have really got behind us and we thank them for their efforts. It is an amazing achievement and one that we and the Rangers fans can be proud of.

“We have got the money there to get to the 5% mark and go above that level.

“The objective for RF is to continue buying shares to get us to 5% and then we will look towards the next goal and getting to 10%.

“We have got really good stockbrokers. Whenever anyone wants to sell, we are approached and then we look into it.”

After playing their part in the boardroom change at Ibrox last year as Dave King, Paul Murray and John Gilligan removed the former regime, Rangers First are now determined to continue helping the club going forward.

The outlook is far brighter for the Gers support and Neill is pleased at the way supporters have rallied to the cause and stepped up to put their cash towards the Light Blues rebuilding job.

He said: “What the Rangers fans have been through over the last few years has been really difficult and we never want to experience that again. We have three main targets to protect our club in the future.

“The good thing we have at the moment is that everyone in charge just now is a Rangers fan and they want the best for the club, they are there to benefit Rangers.

“We want to ensure that is always the case. The fans are going to play a massive part in helping Rangers for years to come.

“With the merchandise deal still in place, Rangers need to replace that money. It is a lot to keep asking the fans but the money they put in every month can make a massive difference.”