Summary
WHILE Rangers continued to celebrate a second successive title win yesterday manager Walter Smith could not help displaying some dread as thoughts turned to the struggle to remain competitive in Europe in the event of further financial cutbacks.
The Ibrox side's title triumph has been viewed by Smith as a success against the odds but the Champions League is a less forgiving environment, as was highlighted this season. Rangers lost all of their home ties in the group stage, conceding ten goals in the process while scoring only twice. The Ibrox side will likely be the last Scottish side for some time to be parachuted into the group stage, thereby ensuring a payday estimated to be GBP 12 million.See the full content of this document
Extract
Champions League Just a Gbp 12m Payday, Warns Smith
Without this income last season, Rangers would be in a much worse state financially. But even with it and the promise of another such sum to come the future for the Ibrox club is far from certain, and Smith has repeated a call for the s...
See the full content of this document
Sponsored links
