Financial information

Rangers sent ominous warning to UEFA alongside Chelsea and Barca

Rangers have been placed on a UEFA Financial Fair Play watchlist where they will have to provide further information to European football’s governing body.

Gers will be watched closely by UEFA over their finances alongside a host of English clubs including Chelsea, Leicester, Man City and West Ham.

These four clubs and Rangers had previously avoided sanctions due to “exceptional COVID deductions and consideration of historical financial results”.

They have been joined by a host of other European teams, including Borussia Dortmund, Barcelona, ​​Sevilla and Napoli, but clubs have been warned that those exceptions no longer apply.

Rangers on Financial Fair Play Watchlist

This means that all clubs included in the Financial Fair Play Watchlist will be closely monitored by UEFA’s Club Financial Control Body.

All the information was detailed in a Twitter thread by Sky News’ sports correspondent Rob Harris.

A statement reads as follows:

“Finally, the CFCB First Chamber also observed that 19 other clubs that participated in the 2021/22 UEFA club competitions, namely Borussia Dortmund (GER), Chelsea FC (ENG), FC Barcelona (ESP), FC Basel 1893 (SUI), 1.FC Union Berlin (GER), Fenerbahçe SK (TUR), Feyenoord (NED), Leicester City FC (ENG), Manchester City FC (ENG), Olympique Lyonnais (FRA ), Rangers (SCO), Real Betis Balompié (ESP), Royal Antwerp FC (BEL), Sevilla FC (ESP), SS Lazio (ITA), SSC Napoli (ITA), Trabzonspor AŞ (TUR), VFL Wolfsburg (GER) and West Ham United FC (ENG), have been able to technically meet the financial break-even requirement thanks to the application of the COVID-19 emergency measures and/or because they have benefited from break-even results historically positive (T-3 and T-4).

“The First Chamber CFCB has reminded these clubs that from financial year 2023 these exceptional COVID deductions and the consideration of historical financial results will no longer be possible. These clubs have also been asked to provide additional financial information and will be closely monitored in the coming period. The aim is of course that the overall financial situation of clubs complies with the UEFA Club Licensing and Financial Viability Regulations – 2022 Edition in the years to come.

Interestingly, eight clubs have been fined by UEFA despite historic and COVID protections, including Inter Milan, Juventus and Paris Saint Germain.

This financial fair play news also comes at an interesting time for Rangers, who are expected to post positive financial results for the final period.

The club received significant fees for the sales of Nathan Patterson, Joe Aribo and Calvin Bassey, while the race to the Europa League final, increased commercial income and qualification for the Champions League brought in a sum substantial money.

Rangers fans are also frustrated with a perceived lack of transfer activity in the summer despite this revenue and the next set of results will be indicative of any potential connection.

Meanwhile, a top Rangers club insider has dropped a major clue regarding future fees attached to a lender storming Ibrox.

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