New concerns have been raised about the finances of Rangers and fans have expressed a fear that the club could enter administration again. The club has been losing around £1m a month and although there is still £11m in cash, that amount could be quickly eroded.
New concerns have been raised about the finances of Rangers and fans have expressed a fear that the club could enter administration again. The club has been losing around £1m a month and although there is still £11m in cash, that amount could be quickly eroded.
Fans are particularly concerned about a rather generous renumeration package. including severance payments, given to former chief executive Charles Green. It could be argued that these were commensurate with the nature of the job, but they still seem relatively high.