Rangers announce £15.9m operating loss in wake of coronavirus pandemic
via Soccernet Nigeria |
Rangers admit they will need to raise more than £20million in fresh investment by the end of next season after revealing yet more losses in the wake of the coronavirus crisis.
However, chairman Douglas Park and director John Bennett have agreed to continue providing the Ibrox club with loans to cover the shortfalls.
The cashflow issue was acknowledged in the Light Blues’ latest annual accounts, which show Rangers made
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