Rangers F.C. Reserve And Youth Squads
In addition to the first team, Rangers F.C. also have a reserve team and an under-19 side.
On 20 April 2004, Rangers Football Club announced the creation of a new company which would oversee the development of the club's youth players. The company, called Rangers Youth Development Limited, is entirely self-funding but completely owned by the club. It attracted four investors from outside Rangers who have invested £1 million, with the club also putting up an initial £2.5 million.
This would leave Rangers F.C. in an unfamiliar position which would mean it has to buy its own youth players from Rangers Youth Development. The company will own the young players and the club will need to bid for them although it will have first option on all the players. If both sides cannot reach an agreement on a transfer fee then a FIFA transfer model will be used. Any profit made by the company will be divided between investors with the majority being invested to fund more youth players.
The main reasons for the formation of the new company is to offset the running costs of Murray Park. However, many of the Rangers fans were opposed to the formation of the new company.
Read more about Rangers F.C. Reserve And Youth Squads: Staff, First Team Graduates
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