Rangers approaching financial 'tipping point' after reveal - McLeish

By Alex McLeish

10th Nov, 2021 | 7:04pm

Rangers tipped to accept player offers after £20m+ reveal - McLeish

Alex McLeish has warned Rangers could be approaching a “tipping point” where they will be forced to sell first-team stars.

The former Gers boss, speaking exclusively to Football Insider, made his prediction after his former side released fresh financial data.

The Scottish champions posted a loss of £23.5million for the year ending June 2021, as per the 64-page annual report document published on 5 November.

In the preamble to the balance sheet, the club wrote that the COVID pandemic’s impact on revenue over last year’s title-winning season was “in excess of £20m”.

An easy way for Rangers to offset these losses is through the sale of first-team players.

McLeish claims the Gers could be forced to sell some players after avoiding that fate in recent years.

“All of these financial reports came out over the last few years,” McLeish told Football Insider correspondent Ben Wild.

“Every time it is said Rangers need to sell players. It gets said every time.

“The funny thing is, Rangers haven’t sold anybody to make up those funds.

“For some reason, they have stayed strong in that department which is quite amazing.

“Rangers can always make money, they are a massive club. They don’t seem to panic in these situations.

“Fans are back in and they are still in Europe. Having said that, maybe there will be a tipping point where they do have to sell someone.

“But as of yet, over the last few years, we haven’t seen it.”

Rangers sit top of the Scottish Premiership.

They face Hibernian after the international break.

In other news, Rangers and Celtic told to “sort it out” by pundit as “ridiculous” news emerges.