Rangers fans will look back on the summer 2024 transfer window with an underwhelming glare.
Philippe Clement and Nils Koppen completed their recruitment drive on deadline day, bringing the total number of incomings up to 11 if you include Mohamed Diomande’s permanent move.
The Ivorian was the most expensive addition of the window before less than a handful of departures at the end of August allowed Rangers to spend big on Nedim Bajrami.
Of the 11 signings, fees were splurged on five with the other six either free transfers or loans until the end of the 2024/25 campaign.
As far as outgoings are concerned, Rangers did very well to slash the wage bill with big earners such as Connor Goldson, John Lundstram and Ryan Jack all moving out.
Sam Lammers’ sale was the largest of the summer for the Light Blues, while the club cashed in on Todd Cantwell and Scott Wright on deadline day.
So after all the wheelings and dealings, how much did Rangers spend this summer and what does the net spend figure stand at?
Last year, it was a loss of £5m for the summer as a result of Michael Beale’s squad rebuild. Rangers News crunches the numbers below to determine what it is this time around.
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How much did Rangers spend?
- Mohamed Diomande – FC Nordsjælland – £4.3m
- Nedim Bajrami – Sassuolo – £3.5m
- Hamza Igamane – AS FAR – £1.7m
- Robin Propper – FC Twente – £1.5m
- Jefte – Fluminense – £680k
- Connor Barron – Aberdeen – undisclosed
- Liam Kelly – Motherwell – free
- Clinton Nsiala – AC Milan – free
- Neraysho Kasanwirjo – Feyenoord – loan
- Oscar Cortes – RC Lens – loan
- Vaclav Cerny – Wolfsburg – loan
TOTAL: -£11.68m (closer to -£12m when factoring undisclosed fees)
In comparison, Rangers spent around £14.7m in transfer fees last summer.
How much did Rangers bank from sales?
- Sam Lammers – FC Twente – £2.5m
- Connor Goldson – Aris Limassol – £1.4m
- Todd Cantwell – Blackburn Rovers – £500k
- Scott Wright – Birmingham City – £300k
- Robby McCrorie – Kilmarnock – undisclosed
- Ben Davies – Birmingham City – loan
- Jose Cifuentes – Aris Thessaloniki – loan
- Kieran Wright – Airdrieonians – loan
- Johnly Yfeko – Exeter City – loan
- Jacob Pazikas – Stranraer – loan
- Jay Hogarth – Queen of the South – loan
- Jack Harkness – Stirling Albion – loan
- Arron Lyall – Greenock Morton – free
- Kieron Willox – Stoke City – free
- John Lundstram – released
- Borna Barisic – released
- Ryan Jack – released
- Kemar Roofe – released
- Jon McLaughlin – released
- Mackenzie Strachan – released
- James Graham – released
TOTAL: +£4.7m (closer to +£5m when factoring undisclosed fees)
In comparison, Rangers raked in around £9.7m in transfer fees last summer.
Rangers transfer net spend summer 2024
Rangers spent almost £12m in transfer fees this summer while banking just under £5m in sales.
Not including undisclosed fees, the net spend would be -£6.98m in total. When including undisclosed fees, we are looking at a figure of over -£7m in total.
That means Rangers spent approximately £2m more than they did last summer when factoring in all incomings and outgoings.
Moreover, Celtic’s net spend this summer was roughly +£10.59m which highlights the disparity in financial power between the two Glasgow giants at the moment.
