A football finance expert has warned Rangers over potential penalties that could be dished out by UEFA after the club posted a £17.2million pre-tax loss.
However, Dan Plumley reckons that the Scottish Premiership giants could still be running the gauntlet with UEFA set to crackdown on clubs over their bumper wage bills. As it stands, European football's governing body currently Financial Fair Play rules allow 85 per cent of revenue of outgoing revenue to be made as player wages and amortisation but are looking to cut that down to 70 per cent in their updated guidelines.
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