Gers board failed to “deliver” £6m-8m promise as club’s “top target” moved elsewhere - report
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Rangers failed on £6m-8m promise amid now PSV star links - report

Steven Gerrard was left disgruntled with the Rangers board after they failed to invest in the first-team squad last summer amid links to the likes of Joey Veerman.

The Gers came up short in Champions League Qualification and ex-Ibrox manager Steven Gerrard pointed to a lack of investment in the aftermath of the Malmo defeat.

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“We have been short in the two Europa League games but at this level — which is improving year in, year out — if we want to keep growing and go to the extra level we need to spend big money in the transfer windows. It is as simple as that,” said Gerrard.

“To compete with the teams we are playing against, we have to spend big money. In the last two windows, we haven’t spent a penny.”

Gerrard also touched on this in an interview after leaving Aston Villa.

Accusing the club of standing still whilst others around them strengthened, it’s something that clearly came to fruition this season as Celtic reclaimed the title.

Now, a report in the Athletic which looks at the season just past has claimed that the Rangers Board failed to deliver on the promise of a £6-8m transfer budget last season.

This contributed to Gerrard’s decision to move back down south, with then Heerenveen midfielder Joey Veerman named as the club’s top summer target.

Rangers failed in Joey Veerman bid as Gerrard’s head turned by Villa

At the time links to Veerman were extensive amid claims Heerenveen wanted as much as £8m for the player but nothing materialised and Rangers eventually missed out.

Joey Veerman is now at PSV after moving across the Eredivisie in January for a reported fee of £5m [Football Oranje].

If Rangers had moved for the midfielder perhaps things might’ve been different this season but the Ibrox board have been clear about the need to be pragmatic going forward.

The decision not to properly invest last season is already one of major regret amongst fans and the spotlight is on the board after two disastrous transfer windows.

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John Lundstram has begun to settle in midfield whilst Fashion Sakala – if not raw – has shown flashes of his ability, but both have taken time to settle in Scotland.

Rangers never spent anything on transfer fees last summer and it cost the club dearly in the Scottish Premiership with expectations rising ahead of this summer.

Meanwhile, a popular former Rangers coach looks set to take over at a Championship club down south.

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