Originally published at: https://www.rangersnews.uk/news/rangers-borrowings-in-excess-of-20-million-by-far-the-most-in-scotland/
Rangers have borrowings in excess of £20 million, over double that of anyone else in the Scottish game. The news comes after it emerged in November that Rangers made a loss of £14.3 million. At the time, the figure stuck out like a sore thumb in Swiss Ramble’s financial analysis of SPL clubs. Given Hearts…
Yes , but borrowing from who ? We are not borrowing from the bank we are borrowing from our owners so there is no financial concerns unless they lose interest and want their money back .Even then they are transferring a lot of the loans into shares so the only way to get it back would be to sell their shares , which again doesn`t cost the club.
A non story in which the negative headline is not further explained .