That whole arguement could also be transfered to English football. How many clubs down south have won trophies whilst being vastly overdrawn? Its not the amount of debt Rangers were in that became their downfall. Its the ability to maintain that debt. Had David Murray not come in when he did Rangers would have been in this position years ago. As would Celtic had it not been for McCann. The other clubs who found themselves in serious trouble like Killie, Motherwell, Hibs, Aberdeen and Dundee U, and even us to a lesser extent, were able to claw their way out of it by realising that they had to get back to making things simple and building from scratch again.
Laurence, are the trophies won by Man utd the proceed's of cheating? They reported debt of £408 million last year. Which, incidently, was a drop from the year before. Arsenal have admitted they wont be spending vast amounts on players until they have cleared their stadium debt. A debt they had when they were winning things. Newcastle and Liverpool are both where they are because of budget cuts to pay off debt. Are all those teams cheats? If you want to cast the stone at Rangers then cast it at all the others at the same time.