Rangers chief Charles Green insists his club are on the up following a year of misery
Rangers chief Charles Green believes the Glasgow side are moving in the right direction after a year of turmoil.
Last Updated: 14/02/13 7:45pm
The Yorkshireman headed the consortium which bought the business and assets of the club when it was consigned to liquidation last summer.
Since then he has seen a surge in season ticket sales at Ibrox along with a listing on the Stock Exchange which brought in £22m to the club shortly before Christmas.
Speaking on the anniversary of the day they entered administration, Green told Rangers' official website: "As a club we are not just ready to move on, we have moved on.
"The successful flotation of the club on the Alternative Investment Market was
the biggest single step on the road to recovery.
"The fact our business could attract in excess of £22m of investment in a challenging economic climate was heart-warming testament to the belief of investors from City institutions to individual fans.
"Shares have performed well and the capitalisation of the club has meant that we have very sound financial foundations for the future.
"No effort will be spared in pursuing avenues where our financial security can be developed and enhanced and we will be making announcements regarding this in due course.
"All along, we have known that the rebuilding of the club on the pitch will take time and we are prepared for that."
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