Rangers post £17.8 million loss despite surprising revenue growth
PA Images | Rangers have announced a £17.8 million pre tax loss up to 30 June, an increase of £6.4 million from the previous year.
Rangers grew all revenue streams in a curtailed 2019/20 season - in contrary to rivals Celtic.
The club's wage bill increased by 25 per cent which pushed their loss before tax to £17.8 million.
The Scottish Premiership club say they need £23.2 million in fresh funding by the end of next season.
21 November 2020 - 7:32 AM
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