Quote Originally Posted by Stupie82 View Post
BBC

Rangers International Football Club has posted a profit of £300,000 in its unaudited financial results for the six months to 31 December 2016.

This compares favourably to a loss of £500,000 in the same period in 2015.

Revenue increased by £5.3m year on year to reach £16.3m thanks to bigger attendances, greater income from playing top-tier football and greater sponsorship and commercial income.


However, operating expenses rose too, by £4.1m to £15.5m.
I suspect that's a bit of lamb, to justify them getting a europa cup place next season. They don't meet the FFP criteria, but the SFA will use any excuse they can to get them in