The Rangers Football Club has reported a loss of £14.8 million for the year ending June 2025, a decrease from the £17.2 million loss recorded the previous year. This comes despite the club achieving record revenues of £94.1 million, marking a 7% increase from £88.3 million in the prior year.
Financial Overview of Rangers
The club’s annual accounts disclose a reduction in operating expenses, which fell by 4% to £92.2 million. Notably, Rangers also reported a profit before player trading of £2.7 million, a significant improvement compared to the £2 million loss in 2023-2024 and the £10.5 million loss in 2022-2023.
Historical Performance
In the nine years since their promotion from the Championship, this marks only the second instance where Rangers have posted a profit before player trading. The prior occasion followed their strong performance that led to a Europa League final appearance in 2021-2022.
Player Trading and Future Investments
The financial results do not factor in transfer fees from players like Hamza Igamane, Jefte, Ridvan Yilmaz, and Cyriel Dessers, who were sold after the financial year concluded. The annual report emphasized the club’s achievements.
- Record revenues for two consecutive years.
- Reduced operational costs.
- Pre-player trading profit increase.
This positive trend creates a stable foundation for future investments in both the team and infrastructure as Rangers aims to enter a new growth phase. The report suggested that while player trading could further enhance financial performance, recent sales indicate that past investments are beginning to yield positive results.
Increased Cash Reserves
The cash balance of the club has seen a remarkable rise, climbing from £1.7 million to £30.5 million. This is attributed to new investments from owners Andrew Cavenagh and his group, who acquired the club in May.
Managerial Changes
Rangers are currently managing the payouts to at least one, potentially two, former managers, namely Russell Martin and Philippe Clement, who recently joined Norwich City. Danny Rohl, the current manager, is among four different managerial appointments the club has seen in a challenging 2025.
The ongoing focus is on balancing investments in football while solidifying the club’s financial position for the long term.
