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Rangers: Gers have £14m funding gap to fill

Rangers: Gers have £14m funding gap to fill - Rangers News

The Athletic have revealed that Glasgow Rangers have a £14m funding gap they need to fill after £40m investment in recent years.

The Lowdown: Gers receive funds

In recent years, the Gers have seen their funds increase, whether it be due to their performances on the pitch or via other sources such as share sales (via The Daily Record).

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However, it is now being reported that they need more money to plug certain gaps.

The Latest: Gers need £14m

As per this latest article from Rangers reporter Jordan Campbell (in the form of a Q&A for The Athletic), the Gers need £14m to fill a funding gap.

The Scottish champions have had £40m invested in the squad over the past few years, but there have been few, if any, major sales to balance the books (The Athletic).

The Verdict: Be careful

Things are certainly going well for Rangers at the moment, and with them having a chance of reaching the Champions League group stages, they may need a bit of investment to put themselves in the best possible position to do so. However, the 55-time Scottish champions must be careful not to put themselves in difficulty financially.

Are you worried by this news?

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Yes

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No

Less than 10 years ago, the Gers went into administration (BBC) and were demoted to the fourth tier of Scottish football as a result. It has taken them a considerable amount of time to return to the pinnacle of the domestic game – now they are there, they must make sure they do not put themselves in peril again.

In other news, Alex McLeish is worried about the future of this Rangers man.


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Article title: Rangers: Gers have £14m funding gap to fill

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