Rangers accounts show £4.25m compensation received from Villa for Steven Gerrard

COMPO: Steven Gerrard left Rangers for Villa in November 2021. Pic: Andrew Milligan/PA

Rangers received £4.25million from Aston Villa in compensation for former manager Steven Gerrard, the Ibrox club’s annual accounts revealed on Wednesday.

The cinch Premiership club posted a record turnover figure of £86.8million last season and it helped them return an operating profit of £5.9m – a vast improvement of the 27.6m operating loss registered last November for the 2020-21 campaign.