Rangers have recorded record revenues yet still recorded a loss for the second consecutive year in their annual financial accounts.

The accounts, covering the 2024/25 season (ending June 30, 2025), show a record revenue of £94.1m, up seven percent on last year's figure of £88.3m.

A pre-player trading profit of £2.7m was also shown, which is around a £13m improvement on the accounts from two years ago. The club's 2024/25 accounts shows only their second pre-player trading profit since returning to the Scottish Premiership .

However, the club has lost £14.8m in their second-straight year of losses, albeit, a slight improvement on 2024's £17.2m deficit.

That owes to player amortisation fees and a number of player sales being recorded post year-end. Sales of Hamza Igamane , Cyriel De

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