Rangers finances and accounts
Rangers turned over £94m in 2024/25 and paid £58m in staff costs, which is 61.4% of everything the club earned.
Revenue by season
What Rangers turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Rangers does not report on its own.
| MEASURE | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2017/18 |
|---|---|---|---|---|---|---|---|
| Revenue | £94,097,000£94.1m | £88,309,000£88.3m | £83,774,000£83.8m | £86,849,000£86.8m | £47,746,000£47.7m | £59,033,000£59.0m | £32,679,000£32.7m |
| Staff costs | £57,751,000£57.8m | £61,190,000£61.2m | £64,037,000£64.0m | £54,804,000£54.8m | £47,690,000£47.7m | £43,340,000£43.3m | £24,132,000£24.1m |
| Wages and salaries | - | £54,467,000£54.5m | £56,522,000£56.5m | £48,437,000£48.4m | £42,084,000£42.1m | £38,660,000£38.7m | £21,509,000£21.5m |
| Social security costs | £6,098,000£6.1m | £6,392,000£6.4m | £7,177,000£7.2m | £6,016,000£6.0m | £5,307,000£5.3m | £4,369,000£4.4m | £2,441,000£2.4m |
| Pension costs | - | £331,000£331k | £338,000£338k | £351,000£351k | £299,000£299k | £311,000£311k | £182,000£182k |
| Player amortisation | £12,739,000£12.7m | £13,554,000£13.6m | £12,854,000£12.9m | £11,822,000£11.8m | £10,616,000£10.6m | £8,402,000£8.4m | £7,358,000£7.4m |
| Other operating income | £726,000£726k | £4,841,000£4.8m | £919,000£919k | £5,208,000£5.2m | £3,383,000£3.4m | £1,992,000£2.0m | £430,000£430k |
| Other operating costs | £92,160,000£92.2m | £96,231,000£96.2m | £95,188,000£95.2m | £85,551,000£85.6m | £63,988,000£64.0m | £68,520,000£68.5m | £38,914,000£38.9m |
| Profit on player sales | -£586,000£586k | £5,632,000£5.6m | £23,601,000£23.6m | £11,170,000£11.2m | £1,724,000£1.7m | £684,000£684k | £1,187,000£1.2m |
| Operating result | -£10,662,000£10.7m | -£9,910,000£9.9m | £252,000£252k | £5,854,000£5.9m | -£21,751,000£21.8m | -£15,897,000£15.9m | -£13,163,000£13.2m |
| Pre-tax result | -£14,945,000£14.9m | -£17,305,000£17.3m | -£3,108,000£3.1m | -£2,189,000£2.2m | -£24,748,000£24.7m | -£17,793,000£17.8m | -£14,423,000£14.4m |
| Wages to revenue | 61.4% | 69.3% | 76.4% | 63.1% | 99.9% | 73.4% | 73.8% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Rangers paid £58m against £94m of revenue, so 61p of every pound went back out as pay.
Scottish Premiership revenue
The 7 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Rangers make?
Rangers turned over £94m in 2024/25.
What is the Rangers wage bill?
Rangers paid £58m in staff costs in 2024/25, which is 61.4% of revenue.
Do Rangers make a profit?
Rangers made a pre-tax loss of £15m in 2024/25.
The accounts behind these figures
Company number SC437060. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.