06-03-2015, 01:22
It still remains to seen how we can turn things round financially to the point where we won't need more injections in future. We've been losing a lot of money unnecessarily in recent years, but we've also been NOT spending money that really needs to be spent. King's narrative has been subtly changing, and this board takeover is just about getting Rangers men on the board and seeing where we can go from there. I really don't think there's a masterplan, we'll probably just get loans from King and the Three Bears rather than from 'external' parties.
But even if and when we get back up to the top flight, it would be hard to sustain a much more expensive squad. You just have to look at Celtic, who can bring in greater matchday revenues than us but are still dependent on both high value player sales and sustained European football every year in order to turn over any profit. I think there's a formula out there that guarantees sustainability, but it's probably not one that guarantees success.
But even if and when we get back up to the top flight, it would be hard to sustain a much more expensive squad. You just have to look at Celtic, who can bring in greater matchday revenues than us but are still dependent on both high value player sales and sustained European football every year in order to turn over any profit. I think there's a formula out there that guarantees sustainability, but it's probably not one that guarantees success.