Former Celtic and Sky Sports man Davie Provan has used his SunSport column to laugh off the notion The Rangers can compete with Celtic anytime soon.
Provan believes King is getting an easy ride because they are close to Celtic in the league at present but after it was revealed they were in £14million worth of debt the former player believes they have forgotten about the last club’s liquidation if they think they can compete with the Scottish Champions.
Provan Wrote: ‘Seems Gers supporters have forgotten the club’s liquidation already. They are too busy pinching themselves they are close to Celtic in the League table.
‘Days earlier, Peter Lawwell was given the same kid gloves treatment from Hoops shareholders despite the champs’ woeful performance in last summer’s transfer market.
‘But at least Lawwell could point to a bulging trophy cabinet, and a £27million surplus in the bank.
‘A far cry from Ibrox where their losses doubled to more than £14m last year.
‘With total losses since Rangers’ 2012 liquidation nudging £40m, who in their right mind believes that those figures are sustainable?’
Celtic and the Ibrox side are on the same points at the moment with the bhoys having a game in hand.
Financially, the Glasgow club cannot compete with Celtic and the thought that they might be able to anytime soon is fantasy.
Unsustainable debt to get to this point has been bad enough Provan states and the further they try and chase Celtic the worse it’s going to get for the Ibrox side.
