Sports
10 British Football Clubs That Suffered Financial Collapse
In the world of football, financial stability is as crucial as talent on the pitch.
The tales of British football clubs that have faced financial collapse serve as stark reminders of the sport's precarious economic balance.
This article highlights ten such clubs, including notable examples like Rangers, Leeds, and Aldershot, who have endured severe financial crises.
Glasgow Rangers
One of the most dramatic financial collapses in football history was that of Rangers FC, a Scottish football giant.
In 2012, the club faced liquidation due to crippling debts and tax issues.
At one stage, the club owed between £25 and £30 million to the bank and another £49 million in tax.
Rangers Football Club was liquidated in June 2012.
... Read MoreThe Latest News
