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Rangers board shore up defences against Ashley

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The new directors at Rangers have made loans of £1.5m to the club to keep it afloat while they seek longer-term finance.   This means that they will not have to take the second tranche of a loan of £10m from Mike Ashley which would enable him to appoint directors to the board.

Revenue streams at Rangers remain poor by English Premier League standards, although more fans may back the club now that the board has changed.   Over at Newcastle, fans see the problem not as a lack of revenue coming into the club, but the willingness of Mike Ashley to spend it so that it is able to compete more effectively in the Premier League.