10 things we learned from Rangers annual report
The campaign was one of “turmoil” on and off the pitch, according to chairman Dave King.
Here are 10 things we learned from the annual report.
1. Rangers need £2.5million of external funding before the end of the season but are confident the money is available from shareholders.
Advertisement
Hide AdAdvertisement
Hide Ad2 Rangers lost £7.5million during the Scottish Championship campaign.
3. Turnover fell by more than £1million from the previous season’s Second Division campaign.
4. Gate receipts for “normal” home games fell by £1.1million.
5. Play-off income amounted to £600,000.
6. Sponsorship and commercial income fell to less than £900,000 from more than £2.1million.
7. Rangers made £1.3million from staging the Commonwealth Games rugby sevens tournament and Scotland’s Euro 2016 qualifier against Georgia.
8. Directors’ costs were £800,000.
9. First-team wages were £6.2million - down £300,000.
10. Rangers sold 26,515 season tickets - more than 10,000 less than the previous campaign.