Rangers Report £800,000 in Summer Player Sales

At the Rangers Annual General Meeting, it was revealed that the club generated only £800,000 from the sale of five players last summer, a figure that shocked shareholders and highlighted ongoing issues with the team's player trading model. Chief Financial Officer James Taylor acknowledged that the trading model has not been effective in recent years, as the club reported a £17.2 million loss. Interim chairman John Gilligan discussed the delays in renovations at the Copland Road Stand, which incurred additional costs and forced the team to temporarily relocate to Hampden Park. Manager Philippe Clement emphasized the need for a squad rebuild and acknowledged the challenges ahead after the club's decline from previous championship levels. Shareholders expressed frustration over the club's financial management and called for improvements in youth development and recruitment strategies.