There has been early talk of a takeover interest based in the region [PLZ Soccer, 23 September] which would inject massive funds into the Gers, who reported a loss of £17.2million for the financial year ending in June 2024Brazil, speaking live on talkSPORT [30 October, 07:51] with a concerned Ally McCoist, raised the point about the proposed Far Eastern interest.
“What about the guys from Hong Kong? I’m being serious now,” he said.
“There was talk of interest from Hong Hong or Asia.”It is clear that Rangers need some degree of added external investment to avoid a similar loss next year, even if steps are supposedly being taken to stem the flow.
This is also key for the purposes of competing in Scotland and Europe while remaining sustainable, with Celtic having reported far superior figures – helped out in no small part by their presence in the Champions League