By Dan Plumley

23rd Jun, 2022 | 10:40am

Rangers set for first of its kind financial boost amid Fortrade tie up

We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Rangers...

Rangers are on the cusp of a first of its kind deal with trading companies that is a more secure partnership than crypto companies.

That’s according to Dr Dan Plumley who claims that it’s a smart move by the club and it will result in decent windfall in the future.

Fortrade, the company in question, took to Twitter to make their association with the Ibrox outfit official and had Jon McLaughlin and James Tavernier feature in their ad.

They wrote, “McLaughlin needs to identify the right moment to act. It’s crucial for both trading and football. Wait for the right moment while trading your free demo account on Fortrade!”

Discussing this initiative exclusively with Ibrox News, the Sheffield Hallam University expert said:

“It’s more secure than some of the crypto stuff we’ve been seen recently. Trading is still a risk and you’re gambling in the stock market but it is still more credible than most cryptocurrencies.

“To my knowledge, I’ve not seen a tie up of this sort before. So it could be the first of its kind and that’s a smart move by Rangers [in terms of finances].

“It’s an interesting one and Rangers might be stealing a move in the market with this one.”

In terms of crypto companies, Gers have a deal with the infamous Sportemon Go.

Despite the recent controversy, the club have not released an official statement about their association.

In other Rangers news, contract talks with a key player have hit a new impasse with a summer exit now on the cards.