Finance expert fires Rangers £59m UEFA message as new investment mooted at Ibrox

Rangers will be able to spend £59million on football operations without breaching UEFA’s financial sustainability regulations, according to football finance expert Dan Plumley.

Scottish Daily Mail journalist Stephen McGowan (22 October) suggested the Gers wouldn’t benefit from extra investment at Ibrox because UEFA’s FFP rules would only allow them to spend 70 per cent of the club’s annual income.

Although new investment on the blue half of Glasgow would give Philippe Clement more money to spend, Plumley insists it would do very little to shift UEFA’s goalposts when it comes to complying with financial restrictions.

“We need to look at this through a revenue lens,” Plumley exclusively told Ibrox News.

“It’s not necessarily a case of the investment in driving that, it’s based on your revenue.

“This is all based on UEFA’s new version of FFP which are now financial sustainability regulations, so the 70 per cent figure on football operations covers wages, transfer fees, agents fees and amortization of player’s contracts.

Are Rangers close to a takeover at Ibrox?

“So if you look at the revenue for Rangers in the last set of figures that we can see for 2023, they were generating £83.8million, 70 per cent of that is £58.66million and that’s what this figure is based on.

“If you are Rangers, you know that your figure to conform with UEFA’s guidelines come the 2025/26 season on a revenue basis of about £84million is going to be a football operations figure of around £59million.

“So it is less about the investment in, in the background and more based around the absolute revenue at the club so we can see the numbers already of what Rangers will be able to spend against that metric.”

The Light Blues have been on the lookout for new investment for years now at Ibrox, but Plumley has previously told Ibrox News the majority of the board will need to be interested to kickstart talks.

Various parties have been linked with investing in the football club, with legendary scotch whisky figure Billy Walker the latest to publically express his interest [Rangers Review, 26 October].

In other Rangers news, Vaclav Cerny has been told that he looks like a “little boy” when he plays in the Scottish Premiership

For more Rangers news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.

The post Finance expert fires Rangers £59m UEFA message as new investment mooted at Ibrox appeared first on Ibrox News.