Rangers FC have agreed a three-year front-of-shirt sponsorship deal with online casino company 32Red, reports, www.sportspromedia.com/. The deal will come into effect from July 2014 to coincide with Rangers' promotion to the Scottish Championship.

Financial terms were not announced. However, the deal is likely to provide a welcome cash boost for the club, which announced losses of £3.5 million in March.

32Red, which previously sponsored Premier League sides Swansea and Aston Villa, replaces former shirt sponsor Blackthorn.

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