Of course he will debt free club for 5.5 million. He can sell on or have a share issue.
Debt Free??
The 5.5m will need to come from somewhere, assuming that is the selling price
HMRC want money up front for businesses who are a liability, this will be
Lack of players as many will be off their mark, so a warchest will be required
Day to day running just through the summer, including the jaunt to Germany will be a few million.
I dare say a huge drop off in season ticket sales will be coming, so that is more money.
The renovations needing done to Ibrox.
No European money for three years guaranteed
And that's without really thinking about it, or even where Rangers will be playing next season as that will have a huge impact on how much incoming money there will be.
And i said said in my other post, Rangers share issues are historically terrible.