There’s been plenty said about Dave King, Rangers’ finances and the apparently impending threat of Admin 2.0 after Rangers released their financial accounts for the year.
But one hugely speculative article from the Scottish Sun has been catching the eye of Rangers supporters this week.
The Scottish newspaper ran an interview with an apparent “footie finance expert” as the furore surrounding the finances continue.
In it, they interview Professor Chris Brady, of Salford University’s Centre for Sports Business, and quote him saying that Dave King may well be “reviewing his commitment” to Rangers in the coming seasons.
Brady suggested that there’s a chance King may stop bankrolling Rangers if the club can’t find on-field success in the coming seasons or stop Celtic achieving 10 in a row.
There has been no suggestion from Dave King his commitment to Rangers has a time limit, and there’s no guarantee Celtic will win the trophies.
The points raised in the Sun’s article and interview are purely hypothetical.
These Rangers fans have been quick to point out the ridiculousness of the entire story.
They just can't handle the thought of us getting back to where we belong.
— Blant'ur bear. NS (@bigjock_knew) November 6, 2019
The thing is the vast majority of the money spent in the last 2/3 yrs has been on getting a squad to compete. That entailed dozens of players. Also, the money put out for stadium repairs – the re-cladding was/is £3.3m. These are mainly one off costs. We are on track – full stop!
— Jimmy Finlayson Loyal (@Oilypants) November 6, 2019
Im sure the Dubai fund will lend us some money
— Jay Gatz (@JayGatzghost) November 6, 2019
Morelos. Jack. Kent. Barisic. Goldson. Katic. Kamara.
Right there is about £35m (at least) in assets. I don’t quite understand the opinion on ‘not having players people would buy’.
— Ally (@reeking2265) November 6, 2019
— True Blue 1982 (@1982TrueBlue) November 6, 2019
Wow a whole article based on a hypothetical situation. Remember when journalism involved finding actual news worthy stories?
— Kevin (@gingeki) November 6, 2019
Imagine reporting a wish list as news.
Did you actually speak to this “Footie finance expert” or just hack his phone.
— Gordon Ross (@ClearBlueAir) November 6, 2019
He won’t until we are self sustainable. Non story
— ‘ (@RFCNC72) November 6, 2019
Aye sane could be said of Chelsea, Man Utd etc. Non story
— thoms (@onestafc) November 7, 2019
Dave King has talked up the financial results alongside the release of the accounts:
“The financial year under review was again a positive one.
“The highlight was the acceleration of the substantial investment that was previously identified as being necessary to improve the Club’s standards – both on and off the pitch.
“Our Club has the highest expectations within the economic sphere that we operate and this requires the appropriate strategy, resources and operational capability.
“For the first time in many years we have all three of these at every level within the Club.”