Revealed: Rangers have the highest borrowings in Scottish football

Rangers owe more than £20 million - the highest borrowings in Scottish football.
No team in Scotland owe more money than Rangers.No team in Scotland owe more money than Rangers.
No team in Scotland owe more money than Rangers.

Figures highlighted by Kieran Maguire, a lecturer in football finance at the University of Liverpool, show British football clubs owe more than £3.5billion to banks and owners.

Rangers lead the way in Scotland with borrowings of £22.5million as per their most recent set of accounts for the year 2017-2018.

Hide Ad
Hide Ad

It is in excess of £10million more than rivals Celtic whose borrowings are £10.8million.

These figures pale in comparison to Premier League clubs with Manchester United's nearly £500million. Brighton, Liverpool and Arsenal are all above £200million.

Elsewhere in Scotland Hibs owe £4million, while Motherwell (£1.9m), Dundee United (£1.9m) and Dundee (£1.3m) come in at over £1million.

The only other Scottish clubs listed who have borrowings are Aberdeen (£0.5m), St Johnstone (£0.3m) and Ross County (£0.2m).