Rangers F.C. have confirmed a 6.5 per cent increase in adult season ticket prices as part of efforts to boost revenue and strengthen the men’s first-team squad.
According to a report by BBC Sport on Wednesday, the club’s Chairman, Andrew Cavenagh, said the decision was driven by rising operational costs and the need to remain competitive on the pitch.
Cavenagh revealed that the club is also planning to raise £16m through a share issue to support further investment in the squad.
He explained that the cost of running the club including player wages, agents’ fees, security, and matchday services such as food and beverages has been rising faster than inflation, making it necessary to explore new revenue streams.
“We either need the club’s revenues to keep pace, or we need to decrease the money spent on the squad,” he said.
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“We don’t believe this is the time to reduce investment in the team; in fact, we think the opposite.”
While acknowledging the financial strain on supporters, Cavenagh emphasized that the club has a responsibility to ensure that any additional funds generated are used effectively.
“If we are going to ask supporters to pay more for tickets, we have an obligation to spend those funds wisely,” he added.
The price increase, alongside the planned share issue, forms part of a broader strategy aimed at improving the club’s competitiveness while maintaining financial stability.
Cavenagh noted that Rangers are also reviewing internal operations to improve efficiency and ensure that more resources are directed toward the first team.
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