Rangers chiefs warn that major Uefa rule change is likely to impact US takeover

Rangers chiefs warn that major Uefa rule change is likely to impact US takeover

RANGERS chiefs have told fans that incoming US investors Andrew Cavenagh and Paraag Marathe will NOT be able to circumvent Uefa spending rules by splashing the cash on areas of the club such as stadium development, academies and women’s football. Such areas have traditionally been exempt from the European governing body‘s Financial Sustainability Regulations (FSR). PARangers CEO Patrick Stewart (left) and chairman Fraser Thornton in the stands[/…

Jackson just doesn't get it, does he? UEFA FSR will prevent Cavenagh from giving the Ibrox side a substantial "transfer kitty" in the bid to catch Celtic

When the Ibrox side releases it’s next set of accounts, it isn’t going to make for pretty reading, and this is something Keith Jackson would want to pay attention to, but I’ll get to that soon. Chances are they’re going to lose in excess of £20 million since the last loss of £17 million was […] The post Keith Jackson just doesn’t get it, does he? UEFA FSR will prevent Cavenagh from giving the Ibrox side a substantial “transfer kitty” in the bid …