7 key Rangers takeaways from accounts as John Bennett teases director of football timeline and player sales in focus

Rangers chairman John Bennett has broken down the figures behind the the club's £252,000 operating profit as he set the Ibrox goals for the future.

The figure is down £5.5million on last year with costs of operating expenditure rising from £97million last year to £108million this time around - but there is plenty for fans to scrutinise in the lengthy address from the Ibrox supremo in the midst of the Scottish Premiership campaign. While the year ending in June 2023 didn't see any silverware added to the trophy cabinet, it has been eventful with Gio van Bronckhorst and Michael Beale being shown the door before Philippe Clement stepped into the dugout.

Key men including Calvin Bassey, Joe Aribo and Glen Kamara all left the club as the player-trading model kicked into overdrive, while former sporting director Ross Wilson has yet to be replaced. The priorities of the Bennett and the Ibrox board for the upcoming year have clearly been set - as well as the chairman taking some time to reflect on key points throughout a packed 12 months in Govan.

But what are they key takeaways for Rangers fans from the annual accounts? Record Sport takes a look.

Failing to progress to the latter stages of European competition last season has been pinpointed as a key factor impacting in revenue. While Gio van Bronckhorst led the club back to the Champions League group stage, he failed to continue into the latter stages of European competition. With Philippe Clement in charge, a deep run in the Europa League appears to be a key target for Bennett to increase revenue.

He said: "The year under review was notable for the club’s return to the UEFA Champions League. Although in comparison to the team’s strong run to the UEFA Europa League final in