Rangers’ Finance Chief Vows Continued Investment in Squad Amid Transfer Triumphs

Rangers’ Finance Chief Vows Continued Investment in Squad Amid Transfer Triumphs

Rangers‘ finance chief, James Taylor, has affirmed the club’s dedication to bolstering the squad and achieving financial stability while outlining the strategy for the next five years.

Speaking to Rangers Review, Taylor emphasized the club’s commitment to providing funds for manager Philippe Clement and the recruitment team, citing the recent successful signings during the January transfer window.

“There are funds there that we will look to utilise and build the squad with,” Taylor stated, underscoring the importance of strategic financial planning to support the team’s development.

Taylor also addressed the ambitious goal of eliminating the £10.5 million pre-player trading loss highlighted by chairman John Bennett at the club’s AGM. He acknowledged the challenge of this target but expressed confidence in the club’s ability to deliver against it over the strategic cycle.

“In the next five years, there are a number of different facets around how we make that [pre-player trading loss] go away,” Taylor explained. “You will see across various different football clubs that that is a challenging target, to be clear.”

“But it is one that we should set ourselves and that we believe as an exec and a board that we can deliver against,” he continued. “It will likely take the first half of the strategic cycle to really deliver on that and deliver on that consistently, but we do think that we are on the right path.”

Taylor highlighted the initial changes implemented in the first four to five months, noting that while outcomes are evident, achieving a sustainable financial position will require time and diligence.

“The changes that we have made in the first four or five months, we are seeing the outcomes of those,” Taylor remarked. “But it will take a little bit of time to make sure that we have that sustainable number moving forward and making that £10 million go away.”

With a clear vision and commitment to financial stability, Rangers are poised to navigate challenges and build a sustainable foundation for long-term success both on and off the pitch.

Get more related news on https://sportviewers.com