10 things we learned from Rangers annual report

Dave King. Picture: SNS

Dave King. Picture: SNS

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Rangers have published their financial figures for the 2014-15 season.

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.

2 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.

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