Rangers Football Club has posted a £17.2 million loss, for the year ended 30 June 2024, despite record revenues of £88.3m. The club attributes the loss to a lack of significant player sales and increased operating expenses.
Rangers
Rangers board sources have denied rumours of an imminent multi-million-pound takeover by American investors. American investors have been reportedly considering a potential takeover of Glasgow Rangers Football Club, valuing the club at approximately £150 million, City A.M. said on Tuesday.
Rangers Football Club has appointed James Taylor as the club’s chief finance officer from 1 September. Mr Taylor brings almost 20 years of financial experience to the club from a career spanning the financial services, technology, and hospitality sectors.
Private conversations held between executives and their employees in connection to collusion on price fixing of Rangers FC merchandise have been published by the Competition and Markets Authority (CMA). In September the regulator handed out fines of £1.49 million, £459,000 and &poun
Scotland's malicious prosecution scandal has cost taxpayers just over £50 million, the Crown Office has said. The scandal revolves around the botched police investigation into the takeover of Rangers in 2011, when Sir David Murray sold the club for £1 to Craig Whyte.
The Competition and Markets Authority (CMA) has fined Elite Sports, JD Sports and Rangers FC for a total of more than £2 million for colluding on price fixing of Rangers FC merchandise. The CMA found that Elite Sports and JD Sports broke competition law by fixing the retail prices of a nu
The Competition and Markets Authority (CMA) has provisionally found that Elite Sports, JD Sports and Rangers Football Club broke competition law by fixing the retail prices of certain Rangers-branded clothing products.
Former Rangers player Neil Mccann has lost a £200,000 battle with HMRC over his work as a TV pundit. Mr Mccann began a career in commentary work when he retired from playing football.
The liquidators of the Rangers Oldco have revealed that they are hoping to reduce the size of the tax liability owed to HMRC. BDO is disputing about £51 million of the £64.5m which is still being claimed by HMRC.
The Lord Advocate's admission that a former Rangers chief executive was the victim of a malicious prosecution should have been made earlier, a judge has said. Former Lord Advocate, James Wolffe QC, apologised one year after promising to do so, The Herald reports. Charles Green's legal team said he o
Accountancy firm BDO has been awarded £3.4 million plus interest for failings during the liquidation of RFC 2012, the Old Co Rangers. A court has ruled that the administrators of Rangers FC should have considered selling the club's training ground and searched for new owners of Ibrox Stadium.
Former Rangers chief executive Charles Green said he expects to see criminal charges brought against the Lord Advocate, prosecutors and police over the malicious prosecution scandal. He said police were "corrupt" after he won more than £6 million from the Lord Advocate in settlement of his &po
The firm that dealt with the administration of Rangers when it collapsed is suing the Lord Advocate for £25 million over the case that alleged the club was sold fraudulently, The Herald reports. Duff and Phelps' suit is the latest in the malicious prosecution scandal, the cost of which has now
BDO, the liquidators of the Old Co Rangers FC, are seeking £28.9 million from the club’s former administrators who have been accused of failing to effectively manage the finances of the club. Lawyers for BDO have initiated legal action against David Whitehouse and Paul Clark, claimi
The administrators of Rangers FC who were maliciously prosecuted have been paid more than £20 million, The National reports. The newspaper claims that £21m in total has been paid to the two men and a further £3m has been given to them for legal expenses.