Rangers managing director Stewart Robertson admits the club will need to start offloading “one or two players a year” in order to balance the books at Ibrox.
Although the Gers are all but assured a place in the Champions League next season and are on course to win the Scottish Premiership title, the club is operating at a £15.9million loss.
We don’t have any concerns about ‘Admin 2’ or anything like that but it’s pretty clear that the Light Blues cannot sustain losses like that each year.
And speaking at the club’s AGM on Tuesday, Robertson was quoted by the Daily Record [12:30pm] as saying: “We need to start to move one or two players a year. And that is something we are really focussed on in the summer.”
Similar to Celtic?
We don’t want to be comparing ourselves with our imploding Old Firm rivals but in order to sustain their success in recent years, Celtic also made big sales every summer to cover their losses.
If you want to be the best, you have to spend money and that is what Celtic have done.
Moussa Dembele, Kieran Tierney, Virgil van Dijk, Victor Wanyama, Fraser Forster and Stuart Armstrong are among the players they have shifted on in recent years in order to balance the books at Parkhead.
Rangers cannot keep on losing £15million each year but the promising thing is that the club has proven it can bring in players on the cheap and sell them for profit.
Alfredo Morelos cost the Gers just £1million – we’d be amazed if he’s going to fetch over £15million once he does leave Ibrox.
Ryan Kent, Glen Kamara, Ryan Jack and Borna Barisic are just a handful of players who are bound to have seen their value rise at Ibrox in recent years.
We don’t want to see any of these players leave and hopefully a Scottish Premiership title and a spot in the Champions League will burn off some of the financial losses.
But one of those players is likely to leave the club next summer. And based on Robertson’s admission on Tuesday, it could be two of them.
In other Rangers news, Derek McInnes slammed this player who “let himself down” on Sunday.