More Cuts in Store at Ibrox ; Football Shorts: Glasgow Rangers

Summary


GLASGOW Rangers turned a huge loss into a profit to reduce their debt by pounds 4million in the last financial year but the board have warned of further cuts ahead amid Scotland's declining status in Europe.

The club's total debt stood at pounds 27.1m on June 30 this year after some stringent measures produced a profit of pounds 4.2m following a deficit of almost pounds 13m in the previous 12 months.

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More Cuts in Store at Ibrox ; Football Shorts: Glasgow Rangers

The improved re...

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