Rangers FC news
Ibrox Rangers

Rangers FC earlier this week announced that all of its players, managers and a number of other people have chosen to take a salary deferral of three months due to the ongoing coronavirus pandemic.

Right now, all football in Scotland is suspended to the COVID-19 threat meaning a number of clubs could go into financial meltdown during this period. And so as soon as this deferral news was announced, fans started fearing that there could be a massive revenue problem within the club which is why the players have chosen to agree to the deferral.

The statement read: “As with all businesses throughout the United Kingdom and beyond, Rangers is continuing to deal with the implications of the Coronavirus pandemic.

“We have carefully considered measures which ensure that all employees are treated fairly and with respect whilst we safeguard our club finances in such uncertain times. No professional football club or business is immune to the challenges of this unprecedented situation and as a club, we will continue to review actions necessary to navigate our way responsibly in such a changeable environment.

“Rangers can confirm that First Team players, Manager, coaches and Executive Directors have volunteered to take a salary deferral for the next three months. Senior players and staff were keen to ensure that no Rangers employee suffered financial hardship during this crisis.

“All parties volunteered and wholeheartedly agreed to defer wages to ensure that fellow colleagues could continue to be paid their salaries in full. We are proud of the leadership and responsibility taken by senior members of staff, and acknowledge the positive impact that this will have on everyone at Rangers. We firmly believe in the ‘one club’ concept and are united in our collective goal of making Rangers the very best in every facet of football life. We are resolved that the integrity of the club is maintained as we continue our focus on ensuring the financial stability of the business.

“Due to the extraordinary challenges from the ongoing crisis, Rangers intends to implement the Coronavirus job retention scheme for a number of employees.

“Rangers will ensure that everyone furloughed under this government scheme will receive 100 per cent salary through ‘top up’ assistance from the club with all other conditions and benefits remaining unchanged.

“We are proud of the continued efforts and support of everyone at Rangers during this difficult period.”

Now though, Fours Lads Had a Dream who are a very reliable source of when it comes to Rangers FC news have confirmed that the decision of the wage deferrals was done by the players themselves and that the club’s very much financially sound.

The tweet read: Important to reiterate some key points:

1. This was player led & their idea.
2. Whole club & staff is together.
3. We are financially sound

“This move simply helps during difficult times, every club & the whole world faces similar Ignore the nonsense, the irrelevant and the noise”

Read: The Scottish Premiership gets a massive boost in finishing the 19-20 season.

Read: Celtic should be declared champions but that is not likely to happen.

Read: What is the 3 pm blackout in English & Scottish football and why have UEFA lifted it?

Read: A list of decrease in player’s transfer values due to the pandemic.