Ashley increases Rangers loan

Mike Ashley has increased his loan to Rangers from £2m to £3m.  However, the club is likely to need a further injection of cash before the end of the year because of poorer than expected attendances.

Mike Ashley has increased his loan to Rangers from £2m to £3m.  However, the club is likely to need a further injection of cash before the end of the year because of poorer than expected attendances.

However, Ashley has not been hailed as a saviour by Rangers fans, in large part because they are unclear about his intentions.   The Rangers Supporters’ Trust has written to the Alternative Investment Market asking for an investigation into the club’s board.

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