RANGERS have been placed on a UEFA watch list and warned that they will be watched closely to ensure they comply with the governing body’s new club licensing rules.
While Gers were technically able to meet the governing body’s ‘break-even requirement’ in the past season, UEFA claim they were only able to do so. ‘due to the application of Covid-19 measures or positive historical results.
They were named among NINETEEN other top European clubs in this regard – a list that included big names like Borussia Dortmund, Chelsea, Barcelona, Manchester City, Lyon Leicester City, Sevilla and West Ham.
All were asked to provide additional information in the future – and told that these “exceptional factors” will no longer be taken into account from the 2023 financial year.
The Ibrox men have relied on a number of director loans over recent seasons but are on track to post significantly better financial results in the season ahead, with a return to League football. champions and a number of major player sales.
A statement read: “Finally, CFCB [Club Financial Control Body] The first chamber also observed that 19 other clubs which took part in the 2021/22 UEFA club competitions, namely Borussia Dortmund (GER), Chelsea FC (ENG), FC Barcelona (ESP), FC Basel 1893 (SUI), 1.FC Union Berlin (GER), Fenerbahçe SK (TUR), Feyenoord (NED), Leicester City FC (ANG), Manchester City FC (ANG), Olympique Lyonnais (FRA), Rangers (SCO) , Real Betis Balompié (ESP), Royal Antwerp FC (BEL), Sevilla FC (ESP), SS Lazio (ITA), SSC Napoli (ITA), Trabzonspor AŞ (TUR), VFL Wolfsburg (GER) and West Ham United FC (ENG) technically managed the break. -balance requirement thanks to the application of the COVID-19 emergency measures and/or because they have benefited from positive historical balances (T-3 and T-4).
“The First Chamber CFCB reminded these clubs that from financial year 2023 these exceptional COVID deductions and the consideration of historical financial results will no longer be possible.
“These clubs have further been asked to provide additional financial information and will be closely monitored in the coming period.
“The objective is of course that the overall financial situation of clubs complies with the UEFA Club Licensing and Financial Viability Regulations – 2022 Edition in the coming years.”
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. Rangers are watched close by UEFA so leaders football kick off warning fairplay financial club dIbrox