Kieran Maguire makes 'surprising' £12m Rangers claim after Murty exit confirmed
Rangers have made just £12million in player sales in the last decade – that shows their academy is an underused asset.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Graeme Murty’s departure from Auchenhowie.
The club confirmed on 20 November that Murty will be leaving his post as head of academy development after five years with the club.
Murty’s time in Glasgow was most notable for his two spells as first-team manager in the 2016-17 campaign.
Nathan Patterson, Robbie McCrorie and Stephen Kelly are the only players currently with the first-team squad to have emerged during Murty’s regime.
Maguire revealed that Rangers have made just £12million from player sales since 2012 and that the academy is a neglected revenue stream.
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“There are numerous benefits to the academy,” he told Football Insider correspondent Adam Williams.
“One concern at Rangers has been the challenges the club has had when it comes to player sales.
“Since Rangers were demoted to the Third Division, they have only player sales of £12m. For a club of Rangers’ stature, that is surprising.
“It would be great to get the production line going for two reasons. Firstly, opportunity costs.
“This is when you develop a player and don’t have to sign him, so it reduces the number of outgoings in terms of buying players.
“You have also got the benefits of cash flow and the impact that has on Uefa’s FFP.”
News of Murty’s departure came shortly after Steven Gerrard left Ibrox for Aston Villa earlier this month.
Rangers are currently four points clear at the top of the Scottish Premiership under new manager Giovanni van Bronckhorst.