Rangers: Tam McManus on the finances of the Ibrox club

Image for Rangers: Tam McManus on the finances of the Ibrox club

Rangers had a mixed end to the season, losing the Europa League final in heart-breaking fashion on penalties before securing the Scottish Cup over Hearts to rectify the European defeat.

It shows how far the Gers have come in the last decade, coming from the bottom of the football pyramid in Scotland after entering administration to reaching a major European final, it is a testament to the club and supporters who have been on the journey.

After relying on loans from wealthy supporters to help keep the club competing, they will finally be making a profit this year as per Ibrox News, with Tam McManus having the following to say on it: “No, it has, it couldn’t have come at a better time for Rangers. You look at the losses they’re racking up over the past 10 years, they had to have a season where they made money.”

TIF thoughts on Tam McManus’ comments…

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Making a profit has certainly come at the right time for Rangers as they look to build on their European success this season. It will allow the board to strengthen the side and look to bring more silverware to Ibrox next term.

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After losing the league title to fierce rivals Celtic, Rangers supporters will be desperate to see investment in the side as they hope to bring the title back to Ibrox after narrowly missing out this campaign.

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