Rangers seek investor funding as club present annual loss

Despite increasing their revenue by 63 per cent to £53.2 million in the 2018/19 season, the club presented an annual loss of more than £10 million for the second year in a row.

Rangers' directors have reached an agreement with the family trust belonging to the club's chairman, Dave King, to provide loans to the club to meet their financial liabilities for the 2019/20 season.