Rangers investors meet £7.5m needed in accounts for rest of 21/22 season already
Rangers losses raised many eyebrows as they released over the past couple of months with the finances said to be a problem.
Having lost over £20million, it was shared that £7.5million was needed this season in order to reach financial stability.
Speaking at the Rangers AGM on Tuesday morning, Stewart Robertson shared that the figure has already been sorted by investors at Ibrox.
Official club partner, Heart & Hand were sharing updates straight from the AGM on their official Twitter account as it happened.
Stewart Robertson shared that the club were “close” to financial stability, before sharing that no players need to be sold for that to happen.
After that, the brilliant news of the investors pumping more money into the club was shared much to the delight of everyone.
“The £7.5m mentioned in the accounts as needed for rest of season has already been met by investors,” they wrote.
This is brilliant news and brings the stability that everyone was wanting.
There were never any fears after the financial losses were posted, but the media and outsiders wanted to push the narrative that it would lead to players sales at Ibrox.
That was never the case, and hopefully, updates such as this one will bring to an end those embarrassing uneducated claims.
Ross Wilson made it clear that no sales would be forced at Ibrox, and Giovanni van Bronckhorst will be delighted listening in to these answers this morning.
With financial stability close, progression in the Europa League and pushing towards another title and the Champions League next season – things are certainly looking up in Glasgow.