Source: Team_Talk
Rangers reduce overall debt
Rangers have announced a £3.7m reduction in bank debt and a total debt of £27.1m following their SPL win and Champions League participation.[LNB] Rangers announced their bank debt incorporating term loan and overdraft facilities fell from £26.1m to £22.3m in the year ending June 30, 2010.[LNB]The Scottish champions also confirmed a turnover increase of £16.6m - from £39.7m in 2009 to £56.3m.[LNB]
