---
title: "Rangers: John Bennett reveals cost of Gers rise"
canonical: "https://www.footballtransfertavern.com/rangers-gers-john-bennett-ibrox-steven-gerrard/"
type: "post"
language: "en-GB"
author: "jonathan radcliffe"
section: "Features"
published: "2020-12-16T14:10:59Z"
modified: "2020-12-16T14:10:59Z"
---

# Rangers: John Bennett reveals cost of Gers rise

**Glasgow Rangers deputy chairman John Bennett has revealed that it has cost investors £65m since March 2015 to establish the club back at the top of Scottish football.**

### **Bennett reveals club cost**

Rangers’ Annual General Meeting took place on Tuesday, at which the club’s numbers were revealed in detail and a number of the board’s members spoke.

\[freshpress-quiz id=”336752″\]

Bennett was one of those who talked, and he revealed how much the investors have parted with in the last five years. He [said](https://www.thescottishsun.co.uk/sport/football/6411245/rangers-bennett-65m-ibrox-side-force/):

> *“I think I’m right in saying that since March 2015, the current group of investors have invested around £65million – and rising.*
>
> *“In recent days and weeks the chairman, Julian Wolhardt, myself and Alastair Johnston have all invested further.*
>
> *“We’ve recently been joined by three successful businessmen here in Scotland so again it’s a broadening church.*
>
> *“But if you look at that group of investors and what they’ve committed – and continue to commit – it’s very sizeable.”*

### **Worth every penny**

For a club like Rangers, that is a considerable sum – that works out at around £13m a year to get the club back to where they belong.

\[freshpress-poll id=”338535″\]

Now, though, the fruits of those investments are being felt. As it stands, the Gers are top of the Premiership by [13](https://www.bbc.com/sport/football/scottish-premiership/table) points, are through to the Europa League round of 32 and are in the Scottish League Cup quarter-finals. The investment is unlikely to stop now they are at the top – they will need more to stay there – but you get the feeling that the hard work from the board’s point of view may have already been done.

***In other news, [Rangers fans hammer this former player.](https://www.footballtransfertavern.com/rangers-fc-news/rangers-gers-ibrox-steven-gerrard-dundee-united-derek-mcinnes/)***