Rangers announced their latest annual financial results tonight with a loss of £11.3 million the main talking point – despite some positive figures elsewhere.
The figures were announced on the club website as part of the annual report and revealed the club has spent £30millions on players over the last three years.
There was a 63 per cent increase up to £53.2 million from £32.6 million, partly as a result of reaching the Europa League group stages last season.
Supporters have also snapped up a record number of season tickets as they get behind Steven Gerrard’s side in their bid for the club’s first league title since 2011.
Another positive was the confirmation that £18.2m had been generated through share issues over the year, raising £1.6m of cash, converting £16.6m of investor loans from the likes of Dave King into shares.
Fans on Twitter are split on the results, however, there is a consensus that the club needs to do better overall – particularly when it comes to selling players on for profit.
Some were also quick to poke fun at Celtic fans – with one saying it was “cruel” to have released them on a Friday night.
Here are some of the comments from Rangers fans on Twitter:
https://twitter.com/LaRabbie/status/1190353322684932096
https://twitter.com/NewcoTed/status/1190353457489821696
https://twitter.com/OnlyAnExcuse/status/1190341259719827457
https://twitter.com/RangersRetroPod/status/1190347605592678400
https://twitter.com/rockthekasbah88/status/1190343238617632769
https://twitter.com/garethbristo/status/1190349051465797638