Rangers chief executive Graham Wallace has revealed that the club "mismanaged" almost all of their cash reserves after coming out of liquidation two years ago.
The Scottish outfit's 120-day review into their finances was released on Friday, detailing that £3.5m from the £70m raised since May 2012 was all that remained in December.
The Stock Exchange received the document, which claimed that the club plans to raise £30m over the next three years, but has warned that the club could be threatened should money be withheld from season-ticket sales.
Wallace also claimed in the review that they will not have to cut down the playing budget for manager Ally McCoist.
Written by
Danielle Joynson
Danielle Joynson
