Clement thanks supporters in annual report announcing profit

Rangers have announced an operating profit for a second successive year, reporting a gain of £252,000 from an £83.8m turnover for the year to June.

The accounts were released a day after resurgent Rangers made it seven matches in a row unbeaten under recently-installed manager Philippe Clement with a comfortable 2-0 win away to Livingston in the Scottish Premiership.

The 49-year-old Belgian, who was appointed as successor to the sacked Michael Beale last month, also addressed supporters in the club’s annual report.

He said: “This is one of the iconic names of European football, and it is a real honour to have been asked to lead it forward. Since my appointment, I have spent time assessing the squad and everything around our men’s first-team to set us up to be successful in the future.

“I am a winner – I have won as a player, I have won as a manager, and now I want to win here at Rangers. This club is built on collecting trophies on a regular basis – that has to be our objective both this season and in the seasons ahead.

“In my discussions with the board prior to being offered the job, we were very clear with each other on what we believe is required here to improve us on the pitch, what we expect from each other and our shared desire to be successful.

“That strong bond between myself, James Bisgrove, our CEO, Creag Robertson, our Director of Football Operations and the wider Board and executive team will be crucial going forward.

“As I intimated when I joined the club, and on occasions since, we are stronger when we are all pulling in the one direction. Our supporters are such a massive asset for us at home and away, and what you can add to us on a matchday can make all the difference.

“I have been humbled by the welcome I have received from you all, and myself and my staff are determined to repay you for that. Thank you again for your continued support.”