Old Firm rivals Celtic have already spent more than Rangers this summer as the transfer business of both clubs comes under the microscope.

Rangers boss Michael Beale claimed during the week that Rangers have spent around £14m on new signings since he returned to the club in January.

This includes Todd Cantwell and Nicolas Raskin, who alongside summer addition Jose Cifuentes Beale claims cost a combined £2m.

That means that this summer, Rangers have spent around £12.5m in new transfers with the club a Glen Kamara transfer away from evening up their spend.

Nine players have come into Ibrox including pre-contract signings Kieran Dowell, Dujon Sterling and Jack Butland.

They’re joined by Sam Lammers, Abdallah Sima, Cyriel Dessers, Leon Balogun, Danilo and the aforementioned Jose Cifuentes.

Rangers v PSV Eindhoven - UEFA Champions League  Qualifying Play-Off: First Leg
Photo by Steve Welsh/DeFodi Images via Getty Images

Celtic outspend Rangers in busy transfer window to date

Celtic on the other hand have been busy themselves and have signed seven new permanent stars in the window, despite groans to the contrary.

The likes of Chris Sutton have slammed the club’s transfer business and claimed the club is actually “weaker” going into this season.

This comes after the Parkhead side were knocked out of the League Cup by Kilmarnock at Rugby Park.

Having banked around £17.5m from the sale of Portuguese winger Jota, the Parkhead club’s fans are seemingly disgruntled by a lack of investment.

But Celtic have actually gone out and spent more money than Rangers this summer as the Ibrox club’s shrewd transfer dealings attempt to plug the financial and playing gap.

Polish defender Maik Nawrocki joins for just under £4.5m, whilst he’s been joined by £3m Swedish centre-back Gustaf Lagerbielke.

Odin Thiago Holm joined for a reported £2.5m from Valarenga at the start of the window, whilst Marco Tulio also joined from the A-League in a £1.5m move.

Add into that the £2m spent on Korean attacker Hyun-Jun Yang and £1m spent on countryman Hyeok-Kyu Kwon [Sky Sports] and Celtic’s transfer spending tops £14m.

If you include the £850k permanent signing of Japanese international Tomoki Iwata it’s over £15m.

Kilmarnock FC v Celtic FC - Viaplay Cup
Photo by Ian MacNicol/Getty Images

Whilst time will tell which Old Firm club has had the stronger summer, the narrative that Celtic haven’t spent whilst Rangers have is patently incorrect.

Celtic’s player trading model has been impressive in recent seasons and no-one at Rangers will be taking the Parkhead side for granted this season.

But any notion that our Old Firm rivals haven’t signed players or that Rangers are Scottish football’s biggest spenders this summer is categorically false as things stand.

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