article_snippet: The details emerged this morning as Rangers released financial results which showed Ibrox had made losses after tax of £2.89m for the six-month period to 31 December 2014.
article_snippet: The prize money for finishing as runners-up in the second tier is £342,000.
article_snippet: Despite promotion to the Championship, revenue fell £100,000 to £13.1m, though the club earned £1.3m from hosting the Commonwealth Games rugby sevens.
article_snippet: Sponsorship revenue also dropped, falling by £0.3m to £0.4m.
highlights_snippet: Ibrox made losses after tax of £2.89m for the second half of 2014 .