Old Firm fight for the 10 far from cost effective
It is a year since Dave King counts. Rangers are still reliant announced his departure from on handouts – and Morelos
GANNON COLUMN Ibrox. should have been flogged in the
Back then he said: “It is a summer. private joke between Douglas King couldn’t factor in a global Park and myself that every pandemic but what is clear is time I meet him I ignore the Rangers do need to start selling customary hand shake and put players at some point. my hand straight into his pocket. Look at Celtic, who have Thankfully it was always filled made almost £100m in sales with cash.” in the last five years while
Not too much has changed Gers have picked up a handful since then when it comes to the of magic beans and burned Rangers finances. through £50m. The difference to
Only now it’s Park reaching three or four years ago though is into his own pockets and pulling Rangers do have assets now. out the cash, with John Bennett They could have broken doing the same. even for the year if they’d sold
Rangers fans Morelos – even the are right to hail £16m paid up like Steven Gerrard for provvy cheques giving them a team on offer from Lille to respect again would have done but they shouldn’t the job eventually. forget the guys who It might be a have really made struggle to get that it possible to be kind of poppy now competitive at home but he’s still worth and abroad.
The Light Blue a good few bob. legions will shrug Likewise Ryan Kent, off the telephone Connor Goldson, numbers in Friday’s James Tavernier, late night accounts Joe Aribo and Ianis drop. They don’t Hagi. The post really care. All that Covid market could matters is stopping be a problem but 10 and going for 55. clubs in England will still be able
But it would be daft to ignore to shell out. the figures. In the meantime the income
Rangers would be in major gap has closed due to Celtic’s bother without Park and failure to get to the Champions Bennett’s deep pockets. League and the Hoops will also
The armchair accountants need to cash in next summer. with Celtic TV subscriptions will It’s clear Rangers are going all have #Admin2 trending. in to win the league this year and
It’s easy to see why. We the model will need to change. all know what a Friday 9pm It’s also evident this 10 in a statement really means. Losses row obsession is costing both of £15.9million, more than £8m Gers and Celtic. needed to see out the season Take out Kieran Tierney’s and £14m for next term, doesn’t sale and Celtic lost 400 grand exactly scream good news. a week last year. Rangers sold
It’s certainly not a long-term no one of note and bled £340k strategy – but that has been the every seven days. case for the last few years. The term Old Firm was coined
A year ago outgoing chairman as the pair were seen as sneaky King received a standing business partners, using their ovation as he proclaimed the rivalry to keep their coffers full at club was finally self-sustaining the expense of the rest. and Alfredo Morelos wasn’t It’s now pretty obvious the for sale at any price. He was Old Firm rivalry is far from good wide of the mark on both for business.
King could not factor in a pandemic but Rangers will need to start selling players at some point