‘Improving’ – Rangers fans play the blame game after £15.9 million losses
The Rangers fans decided to point the finger at everything other than the club after posting an operating loss of around £15.9 million.
It is not a new story in Scottish football. Rangers have posted an operating loss for the eighth straight season. And this is the third consecutive year that they have lost millions in the double digits.
As a result, one does have to question for how long the entire operation is sustainable before their is a repeat of their liquidation saga from 2012. Of course, their fans will have you believe that everything is fine and there is no cause for worry.
But the club announced an operating loss of £15.9 million yesterday. And while the global pandemic surely had a part to play, that would have been an excuse if this was a one off event for the Ibrox club, not something that happens every season.
As expected, their fans decided to view the entire situation through Blue-Tinted glasses:
Increased revenue, finances improving so no dramas there 💙
— JBL (@sittingbourneTA) November 20, 2020
I think if the powers at be were worried about it , we wouldn’t have signed players in the summer , and especially zungu after the window was shut
— gmac (@graham13251541) November 20, 2020
It was not too long ago though that the Ibrox fans were laughing at Celtic for posting ‘just’ a £100,000 profit. So it should not come as a surprise that the Hoops faithful returned the favour this time around:
Sure Morelos and Tav are worth 2 billion..🤭🤭
— Jlm (@dube_jim) November 21, 2020
Would be bigger news if they posted a profit.
— Tryspire (@ShawGerry) November 20, 2020
23.2 million required just to see out this and next season whilst running at a 15.9 million loss currently..... it’s not very good is it.
— Mark Murphy ⭐️ (@Markyjig) November 20, 2020
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It is worth noting though that Celtic have their own issues but on the pitch. The club have managed just two wins from their last seven games in all competitions and need to turn things around quickly if they are to keep their 10IAR hopes alive.
Having played a couple of games less than the Rangers, they currently find themselves sitting 9 points behind their Glasgow rivals in the Premiership table. And it is important that Neil Lennon’s men win those two games in hand.
They have a massive opportunity today to put some pressure on Steven Gerrard’s side though. The Hoops travel to Easter Park to take on Hibernian. And a win today will mean that the Rangers will need to win their game tomorrow against Aberdeen in order to protect their advantage. Let’s just hope that the Hoops can rediscover their form today and string together a good run of results.
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