Rangers in Profit??

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northernr
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Rangers in Profit??

Post by northernr » Thu Jun 07, 2018 9:40 am

Not sure how this works, no mention of us specific but we made the largest profit on 2016/17

http://www.dailymail.co.uk/sport/footba ... wages.html

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UxbridgeR
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Re: Rangers in Profit??

Post by UxbridgeR » Thu Jun 07, 2018 10:21 am

Not sure where they've got those numbers from. The accounts for the 2016-17 season published back in March showed a loss of £6.5M.

viewtopic.php?f=12&t=80684&hilit=Accounts
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LanCat
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Re: Rangers in Profit??

Post by LanCat » Thu Jun 07, 2018 12:36 pm

You'd have to assume they used the same methods for each team. Surprising result but one table we don't mind being bottom of.

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SM
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Re: Rangers in Profit??

Post by SM » Thu Jun 07, 2018 12:42 pm

I was just going to post this. Probably looks better due to the Austin / Phillips sales, but still an incredible turnaround.

Lee Hoos is doing a superb job.
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222gers
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Re: Rangers in Profit??

Post by 222gers » Thu Jun 07, 2018 2:27 pm

Strange if true, but heartening. I notice also that the top clubs in the Prem are whingeing again. They say if you add the parachute payments to the amount the bottom three get, then they are receiving more than them. It's a hard life innit ?

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deadendjob
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Re: Rangers in Profit??

Post by deadendjob » Thu Jun 07, 2018 5:48 pm

One thing you've also got to factor in is that we'd have had parachute payment money that season as well.
The table they've shown is profit/loss not wages.

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