Scottish giants Rangers posted a £14million loss in their accounts earlier this week.
Former player Gordon Smith believes that the fans should be worried about the club’s financial situation.
Smith explained that the investment in new players over the summer has cost the club. He added that Rangers’ lack of income from other sources has contributed to the issue as well.
Smith said: “It depends on where the money is coming from and who the backers are in terms of covering that and whether it’s sustainable. They are going to make some money from the Europa League this year but they are not getting any money from selling players or Champions League money, which Celtic have managed to do in previous seasons.