Chief Financial Officer | Glasgow
Recruiter: Livingston James
Job title: Chief Financial Officer
Employer: Rangers Football Club
Location: Ibrox, Glasgow
Salary: Highly attractive financial package
Contract type: Permanent
Interested in this role?
About the organisation
Rangers Football Club is a football club based in Glasgow, Scotland. Formed in 1872, it is one of the world’s longest established and most successful clubs, having won 55 League titles, 34 Scottish Cups, 27 League Cups and the European Cup Winners’ Cup in 1972. This collection of titles and cups makes Rangers the most successful club in the world, and it is currently the 9th strongest football brand according to the YouGov UK Brand Index.
Playing at the 50,987 seat Ibrox Stadium and benefitting from the world-class 37-acre training facility, the Club has been a dominant force in Scottish football for decades. The Club benefits from a famously loyal support and the high volume of season tickets (47,000) is the foundation of the top 19 best attendance in Europe. It is estimated that Rangers has a global fanbase of 3.4m, half of which reside in the UK.
From a financial standpoint, in the year to June 2022, Rangers generated revenues of £86.8m (up 82% from the previous year) and a £5.9m operating profit. A key highlight was the generation of £28.4m of commercial revenues which was a significant increase on the previous record of £15.2m. It is expected that revenues to June 2023 will be at a similar level. Continued investment in the squad and infrastructure projects remains a key priority.
About the role
The Chief Financial Officer (CFO) is a senior leadership role, reporting to the Chief Executive Officer. The CFO will influence business model changes and input into the creation of the strategic agenda, streamline current processes through process change and business intelligence initiatives and create a robust business framework to allow for future growth.
Rangers Football Club is an international brand with complexity of revenue streams across ticketing/hospitality, commercial partnerships, European competitions and the trading of players. As such, this role requires an individual capable of understanding these complexities, managing multiple stakeholders and supporting the successful delivery of new commercial opportunities while controlling cashflow and costs.
About the individual
There is a preference for candidates who are equally comfortable in operating at Board level and being ‘hands-on’ in the implementation of improved systems, processes, management information and the development of a business partnering focused finance department.
Although sector experience is not a pre-requisite, a background within sport or associated industries (e.g. retail, hospitality, leisure, etc.) would be preferable. However, of greatest importance is that candidates have worked in complex and commercially focused organisations, ideally with numerous revenue streams, where they will have been tasked with supporting and challenging multiple stakeholders, both internally and externally.
Remuneration
A highly attractive financial package is available to the successful individual and will be commensurate with the background and experience required for the role.
To access the full Position Profile and have a confidential discussion about this opportunity, please contact Mark Lewis (marklewis@livingstonjames.com) or Kirsty Sim (kirstysim@livingsonjames.com).
Please note that any direct or third party approaches will be sent to Livingston James for review and assessment.
Rangers Football Club is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status or pregnancy and maternity.