[St Charles Owl]

So a serious football finance question, lets not turn this into any mud raking as such. On the surface and from a football revenue perspective, there is little difference between Rangers and Celtic, both get good crowds, both are big brands that attract good commercial opportunities, both benefit from the same broadcast deals and both get Champions league football (albeit getting further can make a big difference). Desmond certainly has more money than King and has pumped a lot into Celtic but the club is far more self reliant than Rangers to start with.

I assume that when Rangers came back from liquidation all their debts were wiped out and certainly revenue dropped while they rose through the leagues but once they were back challenging Celtic they would have been on a somewhat level footing income wise, so why are they always in trouble? Is it down purely to bad financial management and overspending or is it something else?