Rangers posts loss and asks to play in England
Tuesday 05 March 2013
Rangers yesterday pinned its hopes on regular battles with clubs such as Manchester United and Chelsea as it reported a £7m loss.
Charles Green, the chief executive, said the two big Glasgow clubs, Rangers and Celtic, should be admitted to the English game, but not straight into the Premier League.
His comments came as the AIM-listed club posted the loss during the seven months to end-December.
Rangers dominated Scottish football alongside rivals Celtic until going into liquidation last June. The club owed £134m to unsecured creditors and was relegated to the Scottish Third Division after 25 of the 30 clubs in the Scottish Football League voted in favour of demotion.
The fallen giant has recently agreed a five-year kit-supply deal with the sportswear group Puma and a one-year shirt sponsorship deal with C&C's Blackthorn Cider.
Rangers said it expects to make an operating loss this season but move into profit the following year.
- 1 Top 20 misconceptions people believe are true
- 2 'We're not heroes, just tourists': Swedish police officers on holiday stop vicious assault on New York subway
- 3 Head transplant: man will be attached to new body in under an hour and aim is immortality, doctor says
- 4 Anti-vaccination group defends advert comparing immunising children to rape
- 5 Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
Top 20 misconceptions people believe are true
Auschwitz museum warns that visitors could be turned away due to huge spike in interest
Head transplant: man will be attached to new body in under an hour and aim is immortality, doctor says
Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
Katie Hopkins' migrant 'cockroaches' column resembles pro-genocide propaganda, says the UN
The sickening truth about food banks that the Tories don't want you to know
Katie Hopkins on LBC: Listen to caller taking The Sun columnist to task over migrant comments
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
iJobs Money & Business
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...
£22000 - £24000 per annum: Recruitment Genius: This is an opportunity to join ...