Rangers and FFP – what it REALLY means after announcement

Rangers and FFP – what it REALLY means after announcement
Rangers fans await kick off ahead of the UEFA Europa League Semi-final, second leg football match between Rangers and RB Leipzig at the Ibrox Stadium, in Glasgow, on May 5, 2022. (Photo by Oli SCARFF / AFP) (Photo by OLI SCARFF/AFP via Getty Images)

There’s a bit in the press today about Rangers being ‘charged’ or ‘cited’ over FFP (financial fair play) rules, and it really is very little more than scaremongering.

In simple terms, Rangers were excluded from being measured in the conventional way last year due to being a major victim of Covid and its impact.

In even more simple terms, we have been informed we will now be measured in the normal way.

That is literally it.

There’s another 18 clubs affected similarly to us who were part of the list of parties who ‘broke even’ last year due to Covid affecting the numbers, and all we’re being told is:

‘You’re no longer being measured in that way, so make sure your accounts and balances are in check’.

There is absolutely no question of Rangers violating anything, it is pure due diligence from the authorities to ensure those specific clubs are still maintaining their numbers in the fact of Covid no longer affecting the results the way they did last year.

Indeed, Rangers have generated £130M in the past 10 months so the idea we might be spending outwith our means is utterly laughable, unless we secretly signed Haaland?

So, as far as we can tell, absolutely nothing to see here.

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