I won't be hiding my dislike for Glasgow Rangers here, and without trying to sound biased against the Ibrox club, all I can say is what the heck?
For their many misdemeanours, Rangers have been banned from transfer activity for players 18 and over and fined £160,000.00. Now even for a club heavily in debt, £160k doesn't appear to me to be a huge fine. Maybe they should have paid their taxes on time and they wouldn't have this trouble. I am not aware of the income of Rangers, but I would assume this fine represents less than 1% of their income. That would be the equivalent of a speeding fine as far as I am aware.
The transfer ban may hurt Rangers more as they are likely to have to release a number of their players on high wages in order to bring down their running costs, but on the other hand this may be good for younger players to get a chance.
I am sure the new owners will get a CVA in place and in doing so avoid any further sanctions. I think a number of people in the media and supporters should get off their high horse and accept this on the chin like any other club would have to.
No comments:
Post a Comment