Match

Fenerbahce transfer spending dwarves Rangers as £52.75m gap highlights scale of Europa League triumph

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Rangers produced one of the all-time Scottish football European away days to open up a solid advantage over Fenerbahce in the Europa League.

The Gers ran out 3-1 winners over Fenerbahce in Istanbul in a disciplined performance built off the back of a tactical switch straight out the Barry Ferguson playbook.

Whilst the result will come as a surprise to many across Europe – the financial disparity between the two sides evident in the makeup of their squads – Rangers fans have grown accustomed to this underperforming team growing a few inches taller on the continent.

But to put into perspective just how grand the difference between the two clubs in terms of spending power is, we need to analyse both the Rangers and Fenerbahce squads.

Fenerbahce SK v Rangers FC - UEFA Europa League 2024/25 Round of 16 First Leg
Photo by Ahmad Mora – UEFA/UEFA via Getty Images

Fenerbahce spend big transfer fees to bolster squad

The Fenerbahce team who took to the field against Rangers might have been getting on a little but it retained a star-studded feel backed by Turkish millions.

Jose Mourinho might’ve hinted at a move to Scotland but the legendary Portuguese manager also doesn’t come cheap.

The Daily Mail report that Fenerbahce are paying Jose Mourinho a quite incredible €12m (£10m) annually to take charge in Istanbul and that’s before we get on to the players.

Fenerbahce have spent substantially to try and make their side a competitive force at the top of the Turkish Super Lig and in UEFA competition.

What the club hasn’t spent on expensive transfer fees, they are doling out on wages.

That’s the price you pay for the likes of Edin Dzeko and Dusan Tadic, who between them are rumoured to be banking over €8m per year on wages and bonuses.

Fenerbache squad cost

GK – Irfan Can Egribayat – €1.7m (£1.4m) (NTV)

DC – Caglar Soyuncu – €8M (£6.7m) (Marca)

DC – Milan Skriniar – loan

DC – Yusuf Akcicek – academy

RM – Mert Muldur – €3.5m (£2.9m) (Fabrizio Romano)

CM – Sebastian Szymanski – €9.75m (£8.2m) (KAP)

CM – Sofyan Amrabat – €18m (£15m) (Fabrizio Romano)

LM – Filip Kostic – loan

CAM – Dusan Tadic – free transfer

ST – Edin Dzeko – free transfer

ST – Youssef En-Nesyri – €20m (£16.8m) (Reuters)

SUBS:

Alexander Djiku – free transfer

Irfan Can Kahveci – €7m (£5.9m) (KAP)

Talisca – €18m (£15m) (Athletic)

Allan Saint-Maximin – loan, wages for the year €4.5m (£3.8m) (TalkSPORT)

TOTAL COST IN FEES: €90.45m (£76m)

Rangers transfer costs dwarfed by Turkish giants

Conversely, the Rangers squad has been built on a shoestring budget after the club went through a summer of substantial downsizing.

According to the Rangers Review, Rangers cut £6m off their annual wage bill in the summer as several of the club’s most experienced players left at the end of their contracts.

Rangers also banked only a measly £800k to shift no fewer than five high-earners out the door, the club agreeing cut price deals to ease the pressure on the stretched wage bill.

With a substantial turnover of players in the summer, Rangers have had to build what is a talented young squad with little money.

Whilst it has had a sizeable impact domestically, it hasn’t stopped the young Gers upstarts punching above their weight in Europe.

Unless specified, the transfer fees in the Rangers squad are taken from this Rangers transfer history 2016 to present day article.

Rangers squad cost

GK – Jack Butland – free transfer

DR – Ridvan Yilmaz – £5m

DC – James Tavernier – £200k (BBC Sport)

DC – John Souttar – free transfer

DC – Robin Propper – £1.5m

DL – Jefte – £680k

CM – Mohamed Diomande – £4.3m

CM – Nicolas Raskin – £1.75m

CM – Connor Barron – £640k

ST – Cyriel Dessers – £4.5m

ST – Vaclav Cerny – loan

SUBS:

Tom Lawrence – free transfer

Dujon Sterling – free transfer

Leon Balogun – free transfer

Hamza Igamane – £1.7m

Ianis Hagi – £3m

TOTAL COST IN FEES: £23.27m

DIFFERENCE BETWEEN RANGERS AND FENERBAHCE: £52.73m