RANGERS will hold their AGM this month after revealing accounts for the year.

The Ibrox board will host the yearly meeting on November 30 to provide reports to shareholders on the club's activities and finances.

It comes after the club posted a £23.5million loss for the financial year that ended in June 2021.

Revealing the finances this morning the club said Covid matters had contributed to the loss, which is up £8m from last year.

The board will now prepare for the AGM at the end of the month - which ciwll be hosted at The Clyde Auditorium, SECC, Glasgow.

It will begin at 10.30am and will include ordinary and special resolutions to be proposed to shareholders. These include director appointments and auditor information, you can read the resolutions HERE.

Announcing the club finances and sharing notice of the AGM, a statement on the club website read: "The year to 30 June 2021 was undoubtedly and heavily affected by the COVID-19 pandemic.

"The associated negative impact on revenue (both matchday and non-matchday) was in excess of £20m, resulting in a reduction in profitability of more than £10m.

"When the current Board and investors wrestled back control of our Club in 2015, it saw before it a 10-year recovery project. Today, we consider that prognosis to be accurate.

"Painstakingly and with unerring resolve, your Board and executive management team have undertaken the rebuilding process. Sticking to the task has been no mean feat and has been made possible with the support of our loyal investors and fans.

"Despite the manifold challenges, our football club has relentlessly strode forward. On the field of play, winning our 55th League title provided a significant milestone in this process and was the crowning achievement of our year.

"Off the pitch, notwithstanding a COVID impacted financial performance, we believe that demonstrable progress is evident from our results and activity subsequent to the reporting date of 30th June which should also be considered to fully appreciate our advancement."