Rangers Take Out Bank Loan Secured Against Future Receivables (Transfer Fees)

They have previously stated they would not pay the interest rates offered by such banks

Update at end of article

Rangers have today taken out a loan, for an unspecified amount, from MacQuarie bank, with the money secured against future income due from receivables (transfer fees).

Rangers have previously spoken about MacQuarie bank - who are very active in the world of football finance - stating they wouldn't take loans from banks such as MacQuarie due to the interest rates offered.