Should Rangers win promotion to the Premiership this season they will have to pay Newcastle United £500,000 as part of the loan deal struck with the St James' Park club for five players. The details emerged this morning as Rangers released financial results which showed the club had made losses after tax of £2.89m for the six-month period to 31 December 2014. Interim chairman Paul Murray described the accounts as 'disappointing'. Haris Vuckic celebrates after scoring in Rangers' 4-1 victory against Cowdenbeath on Saturday. This arrangement with Newcastle was part of a deal struck by the previous board for five fringe players - Gael Bigirimana, Haris Vuckic, Kevin Mbabu, Remie Streete and Shane Ferguson. Only Vuckic has made any sort of impact for the Ibrox club so far. Indeed three of the five players who signed the loan agreements have yet to kick a ball for Rangers, who are currently second in the Championship and can only now be promoted through the play-offs. The prize money for finishing as runners-up in the second tier is £342,000. Despite promotion to the Championship, revenue fell £100,000 to £13.1m, though the club earned £1.3m from hosting the Commonwealth Games rugby sevens. Sponsorship revenue also dropped, falling by £0.3m to £0.4m. Loan signings Vuckic (centre), Gael Bigirimana (left) and Remie Streete are unveiled at Murray Park last month. Murray, who along with Dave King and John Gilligan, ousted the previous board, said: 'The new directors have been in place only a matter of weeks but have already started to repair the damage caused through recent years of neglect and disrespect for this club, its people and its history. 'The mismanagement of the club in recent years has been simply staggering. 'As the Interim Accounts prove, the new board has inherited major problems but while campaigning for change we all knew the club would be in need of major restructuring and repair on all fronts. Paul Murray (left) and Dave King are pictured back at Ibrox after the EGM earlier this month. 'We can and we will return this club to a strong and profitable footing through strategic planning, investment and re-engagement with all of our stakeholders. 'Too many of them have been lost or disenfranchised because of successive failings by a series of directors over the last four years in particular. But they are gone now and this is a new era for this great and special club which must be regenerated, not only for its own good but for the greater good of Scottish football.'

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Rangers will owe Newcastle United £500,000 if they win promotion.
It is part of the loan deal struck with the St James' Park club for five players.
The Ibrox club made losses after tax of £2.89m for the second half of 2014.
Skulle Rangers vinna befordran till Premiership den här säsongen kommer de att få betala Newcastle United £ 500.000 som en del av låneaffären slog med St James' Park klubben för fem spelare. Detaljerna framkom i morse då Rangers släppte finansiella resultat som visade att klubben hade gjort förluster efter skatt på £2,89m för sexmånadersperioden till 31 december 2014. Interimsordföranden Paul Murray beskrev räkenskaperna som "besvikande". Haris Vuckic firar efter att ha gjort mål i Rangers 4–1-seger mot Cowdenbeath på lördagen. Detta arrangemang med Newcastle var en del av ett avtal som träffats av den tidigare styrelsen för fem fransspelare - Gael Bigirimana, Haris Vuckic, Kevin Mbabu, Remie Streete och Shane Ferguson. Endast Vuckic har gjort någon form av påverkan för Ibrox klubben hittills. Faktum är att tre av de fem spelare som skrivit på låneavtalen har ännu inte sparka en boll för Rangers, som för närvarande är tvåa i mästerskapet och kan först nu främjas genom utspel. Prispengarna för att avsluta som tvåa i den andra nivån är £ 342 000. Trots befordran till mästerskapet sjönk intäkterna med 100.000 pund till 13,1 miljoner pund, men klubben tjänade 1,3 miljoner pund på att vara värd för Samväldesspelen rugby sevens. Sponsringsintäkterna sjönk också med 0,3 miljoner pund till 0,4 miljoner pund. Lån signeringar Vuckic (centrum), Gael Bigirimana (till vänster) och Remie Streete avtäcktes på Murray Park förra månaden. Murray, som tillsammans med Dave King och John Gilligan, kastade ut den tidigare styrelsen, sade: "De nya direktörerna har bara varit på plats i några veckor men har redan börjat reparera de skador som orsakats genom de senaste årens försummelse och respektlöshet för denna klubb, dess folk och dess historia. "De senaste årens misskötsel av klubben har helt enkelt varit svindlande. "Som interimsräkenskaperna visar har den nya styrelsen ärvt stora problem, men samtidigt som vi propagerade för förändring visste vi alla att klubben skulle behöva stora omstruktureringar och reparationer på alla fronter. Paul Murray (till vänster) och Dave King är på bild tillbaka på Ibrox efter EGM tidigare denna månad. "Vi kan och vi kommer att återföra denna klubb till en stark och lönsam grund genom strategisk planering, investeringar och återengagemang med alla våra intressenter. "För många av dem har gått förlorade eller berövats sin rösträtt på grund av flera misslyckanden av en rad regissörer under de senaste fyra åren. Men de är borta nu och detta är en ny era för denna stora och speciella klubb som måste regenereras, inte bara för sitt eget bästa utan för den skotska fotbollens större bästa." Skriv höjdpunkter för den här artikeln.
Should the Rangers win promotion to the Premiership this season, they will have to pay Newcastle United £500,000 as part of the loan deal batted with the St James' Park club for five players. The details emerged this morning as Rangers released financial results showing that the club had made losses after tax of £2.89m for the six-month period to 31 December 2014. Interim chairman Paul Murray described the accounts as "disappointing". Haris Vuckic celebrates after scoring in Rangers 4–1 victory against Cowdenbeath on Saturday. This arrangement with Newcastle was part of an agreement reached by the former board of five fringe players - Gael Bigirimana, Haris Vuckic, Kevin Mbabu, Remie Streete and Shane Ferguson. Only Vuckic has made some kind of impact for the Ibrox club so far. In fact, three of the five players who signed the loan agreements have not yet kicked a ball for the Rangers, who are currently runner-up in the championship and can only now be promoted by play-offs. The prize money to finish as runner-up in the second tier is £342,000. Despite promotion to the championship, revenues dropped by £100,000 to £13.1 million, but the club earned £1.3 million hosting the Commonwealth Games rugby sevens. Sponsorship revenues also dropped by £0.3 million to £0.4 million. Loan signings Vuckic (centre), Gael Bigirimana (left) and Remie Streete were unveiled at Murray Park last month. Murray, who, along with Dave King and John Gilligan, threw out the previous board, said: "The new directors have only been in place for a few weeks but have already begun to repair the damage caused by the neglect and disrespect of this club, its people and its history over the past few years. "The recent mismanagement of the club has simply been staggering. "As the interim accounts show, the new board has inherited major problems, but while campaigning for change, we all knew that the club would need major restructurings and repairs on all fronts. Paul Murray (left) and Dave King are on picture back at Ibrox after EGM earlier this month. "We can and we will return this club to a strong and profitable basis through strategic planning, investments and re-engagement with all our stakeholders. "Too many of them have been lost or deprived of their voting rights due to several failures by a series of directors over the past four years. But they are gone now and this is a new era for this great and special club that must be regenerated, not just for its own good but for the greater good of Scottish football." Write highlights for this article.
Rangers kommer att vara skyldiga Newcastle United 500 000 pund om de vinner befordran. Det är en del av låneaffären som slogs med St James' Park-klubben för fem spelare. Ibrox-klubben gjorde förluster efter skatt på £2,89m för andra halvåret 2014.
The Rangers will owe Newcastle United £500,000 if they win promotion. It is part of the loan deal that fought with the St James' Park club for five players. The Ibrox club made losses after tax of £2.89m for the second half of 2014.