Rangers chairman Dave King has insisted that his side must be rivalling Celtic as the Gers prepare to play in the top tier of Scottish football next season.

The Ibrox side, who had to start again in the third division, following their debt crisis in 2012, are currently top of the Scottish Championship table with 37 points from 14 games.

Mark Warburton’s boys are expected to earn promotion back to the Scottish Premiership next season, but King feels Rangers need financial backing to return to their former glory days.

The chairman, who underlined the importance of the club being Scottish champions Celtic’s main rivals, further added that the board want Rangers to be back competing amongst Europe’s elite.

“If you look at the club at the moment and it is obvious that the club needs funding to get it back to its rightful position and that is that at the beginning of every season having a chance of being in Europe and being the main rivals to Celtic, ,he told the club’s official site.


“We need a competitive team that can do well in Europe, and try and get into the Champions League sometimes, but guarantee Europa League football.”

Rangers, who have lost just once in the Championship in the current campaign, will next face St Mirren in the Scottish Challenge Cup later today.

The Gers were held to a 1-1 draw by Livingston last weekend.