STEWART ROBERTSON is confident the financial picture at Ibrox will be far more encouraging for Rangers this time next year.

Accounts for Rangers International Football Club plc posted last week revealed a £7.5million loss as turnover was reduced to £16.5million.

Chairman Dave King and his fellow directors have pledged to provide the £2.5million needed between now and the end of the season at Ibrox but the board are continuing to work towards their goal of financial stability once again.

The regime change in March which saw King, Paul Murray and John Gilligan sweep to control has given fans optimism of a bright future after a tumultuous period in the boardroom.

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And Managing Director Robertson is sure there will be significant improvements across all areas as Rangers continue on the road to recovery.

He said:  “It’s a largely historical document, but one of the things we have tried to highlight are the advancements we have made since the new board came in back in March, and I think that’s highlighted in the operational report.

“There has been a lot of progress made in that period, but I think it also highlights the turmoil the club was going through. The financial results aren’t good – and you can see the loss that the club has made, and there has been a reduction in turnover too.

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“That has reflected a lot of the challenges the club had to go through last year, but hopefully we are through and we are making a lot of progress in terms of redressing that now.

“The focus has been all about the football over the last five or six months, and that has allowed us to quietly get on in the background and get on to repair a lot of the damage which needed repaired.

“I think when you see next year’s accounts, hopefully on the financial side too, there should be a significant difference.

“It goes beyond the finance though, and there has been a massive difference in the overall atmosphere at the club.

“Visitors to the club – opposition directors, guests in the Blue Room and fans you speak to outside the ground – are all saying that they can feel a difference, and that’s great and it’s what we want to continue with.”

The accounts to June 30 this year gave supporters a final insight into how Rangers was being run by the former regime until they were removed from power in March.

Glasgow Times: Rangers directors Paul Murray, left, and John Gilligan.

They also showed that none of the PLC directors are taking any money from Rangers for their duties.

And former Motherwell director and SPL board member Robertson insists that will continue as the board look to do their best for their club.

He told RangersTV: “It’s one of the first things the guys did when they came into Rangers.

“They are here to do what’s best for Rangers, and everything they do is in the interests of Rangers rather than their own interests, and that maybe wasn’t the case in the recent history of the club, and there will be no change to that going forward.”