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Rangers struggle financially as investors owed cash as £50m Celtic claim made by pundit
We’re delighted to welcome Tam McManus as our exclusive Rangers columnist as each week he’ll be giving his views on the biggest talking points at Ibrox…
Tam McManus believes Rangers are struggling to financially compete with Celtic due to the money that’s owed to investors at Ibrox.
Gers fans have been protesting against the board in recent games with Stewart Robertson and Ross Wilson taking most of the flak from the stands.
Recruitment has certainly been an issue at Ibrox during Wilson’s spell as the sporting director with Celtic pulling clear of the Light Blues since Steven Gerrard’s title win.
McManus can see why the fanbase is so angry with the board right now and he suggests that most of the issues stem from the Ibrox club’s finances compared to that in Glasgow’s East End.
Speaking to Ibrox News, McManus said: “It’s difficult being up here in Scotland. Second is last. You can’t finish second and you can’t lose in finals.
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“You’ve got to win, it’s as simple as that and there have been cycles where Rangers have been top and cycles where Celtic are top.
“At this point, Celtic are on top. They’re nine points clear in the league, they’ve won the Viaplay Cup and they’re going for the treble so you’re going to come under fire.
“Financial figures show Celtic have £50million sitting in the bank whereas Rangers are struggling a bit financially. They have to pay a lot of people back because people dug deep into their pockets to stop 10-in-a-row.
“They invested a lot under Steven Gerrard to win the title and they also got to the final of the Europa League, so they have to pay some of those investors back.
“That’s probably why Rangers fans are unhappy because they want to see more investment in the team.
“The only thing Michael Beale can do is to keep on winning games and that quietens the noise off the park but there’s possibly another Old Firm coming up in the Scottish Cup and Beale has to win that.
“They have to show signs they’re getting closer to Celtic and they did that at Hibs on Wednesday.
“But at the end of the day, as a Rangers manager, you’re judged against Celtic and right now, they’re second best.
“That’s got to change in the eyes of the supporters.”
In other Rangers news, Ally McCoist has shared his “penny-pinching” verdict on a player reportedly agreeing to quit Ibrox.