Rangers finance chief Q&A in full as he names 3 key set backs in break even bid

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Champions League News

Rangers FC,Scottish Premiership,Ibrox Stadium

The Ibrox side released their latest financial figures.

Rangers finance chief James Taylor has revealed crashing out of the Champions League, Copland road construction work and a temporary stint at Hampden will make their bid break even a real challenge.

The club have a stated objective to get to a point that allows them to break even pre-player trading but Taylor has admitted it will prove challenging due to the Copland works, playing the opening weeks of the season at the national stadium and Champions League elimination to Dynamo Kiev while in Mount Florida which meant they missed out on the big cash bonanza at Europe's top table and have had to settle for Europa League football this term.

"A lot of that loss is coming down to the impact of the player training model and this year taking impairments on players from the recent past that we have moved on in the summer. Again, one of the big talking points over the summer has been the normalisation of the first-team wage bill from the clubs perspective.

"It will be challenging this year given the nature of the Copland works, Hampden and indeed the Dynamo Kiev result. That will be challenging but it is something we are focussed on and looking to achieve.

 

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