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Tuesday, March 31, 2015

Rangers to pay Newcastle United A 500,000 if they win promotion to the Premiership

RANGERS have announced their interim financial results, revealing losses of A 2.6million and that the club will be forced to pay Newcastle United A 500,000 if they win promotion to the Scottish Premiership. While the results cover the six months leading up to 31 December 2014, before the Dave King consortium's takeover, fans have been stunned to discover this latest deal with Mike Ashley's United - with the money to be paid if the club wins promotion directly or via the play-offs.

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