Rangers' summer sales totaled just 810,000 amid a 17.2m loss for the year, but interim chairman John Gilligan claimed the club is in a stronger financial position.
Interim chairman John Gilligan expressed optimism about the future, stating, "Nils has set our men's first team on a course to be significantly more sustainable in the years ahead."
Patrick Stewart, the incoming chief executive, is expected to lead Rangers into a new era, bringing over 20 years of experience from his time at Manchester United.
Gilligan acknowledged the club’s challenges, saying, "There is no doubt it has been a challenging period for the club... the focus of the football department is always winning trophies."
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