Philippe Clement must master Rangers buy low sell high transfer strategy as accounts make board demands clear
dailyrecord.co.ukIt's exactly one month to the day since Philippe Clement first stepped into Ibrox as the new boss of Rangers. Just four weeks have brought seven games and produced six wins, one draw, a League Cup Final spot and a strong shout for a place in the next round of the Europa League.The numbers certainly stack up for the Belgian on the park.
The transformation has been staggering. Not one dubious result during his short term so far. Until the latest accounts dropped yesterday that is.
And that one certainly is not on Clement.The Ibrox club announced a £252,000 operating profit. That might sound positive but when you dig down to the real figures, not to mention the fact even that figure was down £5.5million on the previous year, the net loss of £4.1m is a truer reflection of the past year.
Nothing overly worrying, you could say? Well not until you consider that deficit comes on the back of a Champions League group stage campaign worth £25m and the record sale of Calvin Bassey to Ajax for around £20m.Dig even deeper and more numbers begin to hit you like a Jack Butland fist.
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