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Profitable Rangers 'very probable rather than possible' as Stewart Robertson talks up Ibrox finances

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dailyrecord.co.uk

Gio van Bronckhorst didn’t utter a single word at Rangers ’ annual shareholder get together. But the Ibrox board hope it won’t be long before the club’s profit margins speak for themselves on the true extent of the club’s progress.Figures revealed in last month’s financial report again made for bleak reading as the losses run up since 2012 crashed through the £100million mark.

Piecing a broken club back together has been a costly business for the likes of Dave King, Douglas Park and the other Gers investors but the first dividend of any kind in a decade was delivered at the end of last season with that long awaited Premiership triumph.

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