LONDON (Alliance News) - Rangers International Football Club PLC Monday said it has entered into two secured short-term credit facilities for up to GBP1.5 million, which it will used for general working capital over the next few months.
Rangers International FC said the credit facilities are being provided by Alexander Easdale, a shareholder in the company and director of The Rangers Football Club Ltd, the group's subsidiary.
Shares in the Scottish football club were up 0.7% Monday morning, trading at 27.70 pence per share.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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