Figures released today by Rangers
for the interim accounts show the extent not being in the SPL is continuing to
financially cripple the Club, as well as the ongoing assault and contempt Mike
Ashley has for Rangers.
With less exposure to worldwide
audiences in the Championship, sponsorship deals, one of the many lifebloods of
the Club, have fallen massively by almost half to £400,000 as the ‘honeymoon
romance’ of life in the lower divisions continues to fade dramatically.
Rangers just are not the draw we once
were for TV audiences and of course stadium attendances, and the longer the
Club remains outside the SPL, these numbers will continue to decline. Or fail
to restore to their
pre-2012 levels.
However, an especially big
outrage emerging today is that of the £500,000 Rangers will owe Newcastle for the loanees
should the Club achieve promotion.
That is £500,000 whether the players actually play or not, and only Vuckic has. It is another example of the
sheer malevolence of Ashley, and how where once this man could have been a decent owner, where now he is a borderline crook, genuinely pillaging the Club wherever he can.
And last but not least the empty
Ibrox attendances these recent years are finally catching up with the coffers,
with a loss of almost £1,000,000. Murray, who describes these losses as
‘disappointing’, cannot complain with loss of ticketing revenue given he is
working with those who enforced an attendance boycott of the stadium.
These results confirm how
critical promotion now is, £500,000 to Newcastle
notwithstanding.