Celtic fans will be delighted with news breaking out that Rangers could be forced to sell a number of their players in January.
The Premiership title race between the two Glasgow rivals is very tight this season. Celtic have completely dominated Scottish football over the past decade, winning 8 league titles in a row. Rangers on the other hand was diluted in 2012 after failing to pay their taxes and then ‘resurrected’ back from the dead by new investors. They have not managed to win a major trophy after their reformation.
But it looks like the club’s financial problems have come back to haunt them again this season. Since the arrival of Steven Gerrard as manager, they have been impressive on the pitch and are mounting a title challenge this season. But that has come with a cost, as Rangers posted a loss of £11.3 million for the 2018/19 season.
And that figure is only expected to rise after the summer arrivals of Ryan Kent, Steven Davis, Jordan Jones, Jake Hastie, Greg Stewart, Filip Helander and Brandon Barker. As a result, it looks like the club will have to let a number of their players go if they are to be anywhere close to balancing their books.
As reported by the Daily Record, Jamie Murphy, Greg Docherty and Matt Polster look set to be put on the transfer list in January while Andy King’s loan deal will also be cut short. Wes Foderingham could be another one on the move.
But one can only wonder if the Rangers can fix their financial issues by letting go of some of the dead weight at the club. While Celtic keep on putting up records both on and off the pitch, their Glasgow rivals continue to languish from their financial burdens. And it is only a matter of time before the board could be forced into taking much more drastic measures if the results on the pitch do not justify the investment.