Rangers are threatened with administration, despite getting almost 50,000 fans through the gates every other Saturday and competing in Europe every single year. According to their owner, Craig Whyte, the club loses £10 million a year and has debts of tens of millions. Does anyone know of another club that loses over £10 million a year and has debts of tens of millions?
league one football next season, falling attendances, selling their best assets, no stadium backing and their millionaire owner looking at other interests..not looking good for our red friends.
They've got no need to worry, with Colin Sexstone at the helm with his business acumen and diplomacy skills !!
£3.4m Debts,5000 gate average,awaiting planning permission on rented home,previously failed manager,Bristol Rugby moving on,4th tier next season,proposed home not definitely a goer...oh thats the junior team in Bristol we're talking about, "The Barcelona of the 4th tier "....
Wize, you bitter, bitter man. If only you could admit, that your club are strapped for cash as your ex chairman is no longer funding new signings and is only funding old debt that he created. If only you could admit that we have the better of the scottish managers and that you would have chewed off your right arm to get Mcghee if he was available at the time. If only you could admit that you cannot attract decent premier or championship players on loan because your club no longer has the funds, and that your club can no longer go into more debt as Pantsdown will not fund anything after he has left. If only, if only , if only..................
Aside from Rangers being a big club the comparisons relating to finance are certainly similar. This year marks the 30th anniversary of the **** going bust. Perhaps to celebrate they should wipe the slate clean and start all over again
