Kieran Maguire stage cover experts Rangers Kieran Maguire

Rangers fans should be 'cautiously optimistic' on finances as expert claims board won't bet on Champions League riches

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dailyrecord.co.uk

Football finance expert Kieran Maguire believes Rangers fans should be "cautiously optimistic" over the club's financial outlook.

The Ibrox side's annual accounts carried some alarming headline figures - including a £23.5million loss following last season's closed-door campaign.The impact of Covid-19 significantly reduced match day revenues and that coupled with the lack of player sales put revenue down by £13m on the previous year.But Maguire, a chartered accountant and senior teacher in accountancy at the University of Liverpool, insists it's not all doom and gloom. "I think they should be cautiously optimistic, the match day revenue should bounce back this year," he told BBC Sportsound. Get all the latest Rangers news sent straight to

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