Rangers announce £5.2million profit for last six months of 2018
via Soccernet Nigeria |
Rangers have reported a profit of £5.2million for the final six months of 2018 after increasing revenue by 82 per cent.
The figures are a major boost for Rangers after they posted a £14.3m loss for last season.
Rangers reported revenue of £35.3m, up almost £16m on the same six-month period in 2017. Operating costs rose by about half to £29.1m.
Chairman Dave King attributed the improvements in income
