Rangers Count Cost of Shares Crash That Wipes (Pounds) 190m Off Value; Financial Woes Give Murray a 'Paper Loss' of (Pounds) 105m
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Summary
THE market value of Rangers Football Club slumped to its lowest level for at least four years last night, adding further to the Ibrox outfit's financial woes.
The 66% stake held by the honorary chairman David Murray is now worth just (pounds) 29m, more than (pounds) 105m less than the value of that same shareholding at the time of football's short-lived stock market boom.See the full content of this document
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Rangers Count Cost of Shares Crash That Wipes (Pounds) 190m Off Value; Financial Woes Give Murray a 'Paper Loss' of (Pounds) 105m
Despite sitting on huge paper losses, the metals-to-mining tycoon could still recoup virtually all of the money he is understood to have invested in Rangers - some (pound...
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