Rangers paperwork shows that £18 million worth of shares have recently been issued from Ibrox.
The Gers have been struggling financially in recent years, prompting a shift in the Govan hierarchy’s stance.
Some feel Patrick Stewart supported Philippe Clement at Ibrox for financial reasons, therefore a new cash injection would undoubtedly be beneficial.
This looks to have arrived at Ibrox following the most recent development, as announced on Companies House.
Rangers offer £18 million in additional shares.
The Light Blues have faced numerous financial issues in recent months, which has raised concerns.
Celtic missed out on a Champions League bonanza, so the chance to reap financial advantages has been limited at times this season.
This caused the Gers to reduce their payroll spend from £41 million to £35 million this season, highlighting the challenges that Clement is dealing with.
There may be evidence that these challenges are lessening after Kieran Maguire revealed documents on February 19th that showed £18 million in shares being issued from Ibrox.
These were distributed between December 20 and January 23, and were paid in full, as no sum remained outstanding, according to Companies House documents.
Rangers could kick on with a cash boost.
The latest Ibrox accounts revealed that they had lost an eye-watering £17 million, highlighting how serious the problems are in Govan right now.
The Light Blues can expect to go closer to profitability by lowering their wage expenditure and performing well in the Europa League.
With a large number of shares currently being issued, this could indicate that this is more difficult than previously assumed in G51.
It would be beneficial for supporters to know whether a buyout is still on the table, especially since American millionaire Scott Galloway stated it would cost £40 million to become a big shareholder at Ibrox.
Fans will now have to wait and watch if any changes are done at Ibrox once these shares were allotted, or if this was simply routine procedure.
