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Rangers could free up over £9.5m from annual wage bill if Ibrox exit links realised

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Rangers look set to be heading for yet another summer transfer overhaul which could transform the club’s wage bill.

The Gers’ start to the 23/24 season stuttered when Michael Beale orchestrated the biggest overhaul of the Rangers squad since the days of Steven Gerrard.

That dynamic shift was only partially completed however, with several big names and high earners in the Rangers team hanging around or running their contracts down.

Now, as many as eight of the club’s most senior and experienced players could be moving on in the summer and Rangers stand to lose a substantial weight off the wage budget.

Whilst there is still plenty of conjecture around some of the names on this list, by our count the Ibrox club could save over £9.5m per year if all these names are to move on.

We’re also going to rate the player’s chances of leaving as either red (likely going), amber (maybe going), or blue (likely staying).

Rangers v Heart of Midlothian - Scottish Cup Semi Final
Photo by Ian MacNicol/Getty Images

Rangers wage bill set to reduce substantially

***All salaries sourced from Salary Sport

Jack Butland – £25k per week (£1.3m per year) 🟠

Super Jack Butland has been one of Rangers’ players of the season and as result is firmly in the England reckoning for Euro 2024.

The goalkeeper has re-found his love of the beautiful game at Ibrox and by the week the 31-year-old stopper continues to mesmerise Rangers supporters.

A huge player for the club but should the right offer land you can bet your bottom dollar Rangers will listen.

Besides, a ‘dream transfer to Rangers’ reportedly beckons for one Euro goalkeeper this summer.

Jon McLaughlin – £6.1k per week (£317.2k per year) 🔴

Jon McLaughlin will be leaving Rangers this summer, and there’s not much more to say about that.

The stopper, 36, certainly did a job deputising for Allan McGregor during the club’s charge to 55 and there has been a contribution there to the Gers over the years.

But – quite literally – fumbling his big opportunity at Celtic Park a few years ago, the writing has been on the wall for the now 4th choice keeper ever since.

Leon Balogun – £8k per week (£416k per year) 🟠

Big Leon Balogun returned to the Rangers team in style in the Scottish Cup victory over Hearts this weekend.

The 36-year-old centre-back was re-signed in the summer and has always put in a shift for the team when called upon.

Replacing Connor Goldson at the heart of the defence, speaking after the game Balogun suggested he would be keen to sign on for another year at Rangers.

Only this time, the Nigerian international doesn’t want to be made to wait.

Connor Goldson – £37k per week (£1.924m per year) 🔵

Rangers vice-captain Connor Goldson is going through probably his toughest period at the club to date.

Dropped for the aforementioned Balogun at the weekend, it’s been a difficult patch for the now 31-year-old defender who is the Ibrox side’s highest earner.

Contracted to 2025, we just don’t see how Rangers negotiate the centre-back’s exit and that’s an ominous sign if the vocal, passionate, and stalwart Ibrox centre-half can’t recapture his form.

Now, the Daily Record are claiming he could be Saudi Arabia bound alongside his old friend James Tavernier.

James Tavernier – £30k per week (£1.56m per year) 🔵

Rangers captain James Tavernier is currently in his highest scoring Ibrox season to date (24) and there are still six games to go.

The Ibrox right-back’s contribution has been monumental and as he mulls over potentially his 10th season in Royal Blue, Tav’s at something of a crossroads.

Links to Saudi Arabia are believed to be legitimate and Rangers are running out of time to cash in on the right-back.

But with the player so synonymous to the Ibrox side it’s hard to imagine a Rangers without the talented defender.

As in the case of Connor Goldson, perhaps it all depends on how this season ends.

Borna Barisic – £21k per week (£1.092m per year) 🔴

Another of Rangers’ out-of-contract players, Borna Barisic maybe should’ve been shifted out of Ibrox and off the wage bill years ago.

That the Croatian international, 31, didn’t bank Rangers a pretty penny at his peak is a failure of player trading which exemplifies the club’s shortcomings in this department.

Serving Rangers with distinction at times, as the years have rolled on so has Barisic’s questionable contribution as mentality issues and droughts of form become more regular occurrences.

Heavily linked to Trabzonspor, Rangers are going to free up a quite remarkable £1m per year when he moves on.

Ryan Jack – £8k per week (£416k per year) 🔴

Ryan Jack’s situation at Rangers is undoubtedly tinged with sadness.

The Ibrox midfielder at one stage looked destined for the Rangers history books, the Gers number 8 a dynamic, box-to-box player who set the tone for the rest of the team.

But over the five years injuries have severely hampered the Scotland international’s career and we’ll be lucky to see Jacko play for Rangers again, never mind next season.

News that UEFA have boosted the Euro 2024 squads to 26 participants might encourage a return this season but a new contract is surely off the table.

John Lundstram – £22k per week (£1.144m per year) 🔵

Conversely, John Lundstram has been almost perennially available for Rangers in such a way that it’s been perhaps damaging.

Showing up both the injuries and a distinct lack of strength in depth in the Scouser’s position, Philippe Clement has been heavily reliant on Lunny ever since he took the Rangers gig.

That’s resulted in a recent dip in performances and it had fans questioning whether or not Rangers should offer John Lundstram a new contract.

Philippe Clement has confirmed negotiations are in the pipeline and given the noises around this, we’d be amazed if Lundstram doesn’t sign on again at Ibrox.

Kemar Roofe – £26k per week (£1.352m per year) 🔴

Kemar Roofe recently played his 100th game for Rangers but in that space of time, the Ibrox side have played well over 200.

The Rangers wage bill has taken an almighty hit with the Jamaican international’s lack of availability and really we’ve suffered tremendously as a result.

Taking up an expensive part of the squad and quite simply not contributing anywhere near enough, Rangers fans have the right to be frustrated over Kemar Roofe’s story at Ibrox.

Now back in the squad and getting semi-regular minutes, however this season ends and whatever Roofe goes on to do in football, it’s game over at Ibrox we’re afraid.

Total – £9,521,200 per year saved