Rangers suffer yearly loss of £6.7million after taking a hit of £3m free themselves from Mike Ashley

via The Sun |

GERS RESULTS

Gers had been earning just 7p from the sale of every shirt which led to a fan boycott of official club merchandise

RANGERS took a £3million hit in order to free themselves from the clutches of Mike Ashley.

Gers‘ financial results were released last night and while turnover has increased to just under £30m, a £6.7m loss was posted for the year.

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