Glasgow Rangers FC signal intent to go into administration.

[Јas]

I see despite their ban from European football, Rangers will play competitively outside Scotland next season. I'd imagine it could even be a sell-out match for Berwick.

Rangers: SFL clubs vote new club into Division Three -- BBC

[Keystone Phil]

Word is that De Laurentiis (our colorful owner of Napoli) might be buying the club.

[bore]

Buying this version of Rangers, and selling them when they inevitably get back into the SPL could actually be a rare example of someone making money from a football club (a bit like Celtic in the 90s)

[Χahar]

Do owners usually not make money? In America, sports teams generally generate massive returns on investment.

[Sibboleth]

Do owners usually not make money?

Lord no. The tendency is to lose it hand over fist. But then wages bills are what they are these days, amongst other things.