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Significant development hands Rangers an off-season boost

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Rangers will be looking to hopefully add more players before the end of the window with things kicking off in earnest earlier this week with the arrival of Sheyi Ojo.

The winger arrived on loan from Liverpool and it is safe to assume that much of the interest around the Gers at the moment will come via transfer rumours.

However, pre-season is underway and, indeed, another off-field matter deserves some attention with Dave King handing us a financial boost.

As per the Scottish Sun, King and his Three Bears group have been successful in a bid to convert over £14m of club loans into shares.

This means that the Gers have improved the balance sheet and also allows for better recapitalisation, which in turn should lead to better financial health.

I’d like to think we’ll never go back to the dark days of the start of the decade, and moves such and this only boost my confidence that the club is in decent hands at the moment.

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