Rangers are set for another busy summer transfer window, with Danny Rohl set to make wholesale changes to the side.
The club are set to launch a £16m share issue as a part of the next phase of fundraising from Andrew Cavenagh and his consortium.
Thus far, the new owners have done what they have promised, spending almost £40m to strengthen the team.

Rangers not expected to have the same kind of turnover as last summer
According to Rangers Review’s Chris Jack, the club are not expected or intending to have the same kind of turnover in terms of players as they did ahead of the 2025/26 season.
Last summer was the first transfer window that the Americans were in charge of the Ibrox outfit, and they backed Russell Martin extremely well.
The club spent around £30m on several new players to give Martin a chance to reclaim the Scottish Premiership title.
Youssef Chermiti was the marquee arrival, joining for an £8m fee, while decent money was shelled out on the likes of Bojan Miovski, Emmanuel Fernandez, Thelo Aasgaard and Oliver Antman as well.
It was undoubtedly a big splurge, and that is not expected to be the case, but the share issue will see funds being raised, and sales will also play a role in how much Rohl is given to spend in the summer.

What areas will Danny Rohl look to strengthen?
The goalkeeping department appears to be sorted, as Jack Butland and Liam Kelly are doing well as the number one and number two.
At right-back, James Tavernier could potentially be on his way out, and if that happens, a new one will need to be signed.
Also, Max Aarons is expected to return to Bournemouth after his loan spell and Dujon Sterling continues to battle injury issues, so potentially signing another defender capable of playing at right-back would make sense.
Andreas Skov Olsen has struggled to adapt, and Djeidi Gassama could also leave, making it imperative to sign at least two wide attackers.
If they fail to bring Mikey Moore back for another loan spell, the talented Englishman will also need replacing.
