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Insider UK
Insider UK
Robbie Copeland & Peter A Walker

Rangers FC returns to profit

Rangers Douglas Park Giovanni van Bronckhorst

Glasgow Rangers FC has reported an operating profit of £5.9m, turning round last year's £23.5m operating loss.

Depsite relinquishing their Scottish Premiership title, the lessening effects of Covid-19 and fans returning to the Ibrox stadium meant revenue has almost doubled to £86.8m.

In the 12 months since the appointment of first team manager Giovanni van Bronckhorst, the club reached the Europa League final and sold Nathan Patterson in January for an initial £11.5m and Calvin Bassey for an initial £19.5m - both club record sales at the time they went through.

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