Rangers Losses Turn to Profit

Summary


RANGERS have turned a heavy loss into a healthy profit in the space of a year thanks mainly to the Champions League and player sales and wage cuts.

Today's results show an amazing turn-around of more than (pounds) 12million, from a loss of (pounds) 9.98m last year to a profit of almost (pounds) 2.45m.

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Rangers Losses Turn to Profit

The interim financial results for the Ibrox club from July to December last year, show the club, who have overall debts of (pounds) 68m.

Turn...

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