Transfer News

Todd Cantwell: Rangers to bank transfer profit as ‘fee agreed’ with Blackburn Rovers

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Blackburn Rovers are the latest club offering wantaway Rangers midfielder Todd Cantwell an Ibrox reprieve.

The situation with the 25-year-old playmaker is hanging over the Rangers squad, with the Gers desperate to shift the ex-Norwich City star before the window slams shut.

Rangers manager Philippe Clement has been repeatedly clear that the club will need to move players on before they can swoop for new targets and the situation with Todd Cantwell is no different.

Now, it’s being claimed that Rangers and Blackburn Rovers have agreed a fee over Cantwell with the Ibrox side set to bank a profit.

Combine this with the £1.1m per annum being shifted from the wage bill, and the sale of Cantwell could represent a sizeable boost heading into the final furlong of the transfer window.

Rangers v Heart of Midlothian - Scottish Cup Semi Final
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Rangers & Blackburn agree Todd Cantwell fee

Alan Nixon has been the journalist at the forefront of reporting around Todd Cantwell.

It was the Sunsport writer who raised hopes of a Todd Cantwell breakthrough when he initially broke news of Blackburn Rovers’ interest.

John Eustace had shifted his attentions onto Cantwell after missing out on Rangers winger Rabbi Matondo and now a transfer appears to be gathering pace.

Nixon had revealed on his official Patreon account that Rangers were preparing to strike a ‘bargain’ deal to shift Cantwell off to Blackburn.

With personal terms said to be the main sticking point to any transfer, Nixon claims that Blackburn will have to ‘juggle their budget’ to convince Cantwell to sign.

But it’s not believed Rangers will be too hard to deal with, as the latest news surrounding the deal would suggestion.

According to Alan Nixon, Rangers have agreed a fee with Blackburn Rovers and despite it being ‘quite low’, the Gers will bank a profit should Todd Cantwell sign at Ewood Park.

Rangers set to bank Todd Cantwell profit

With Nixon claiming that Todd Cantwell is set to meet Blackburn Rovers today (28/08) there are hopes that an exit will ramp up in the coming hours.

Rangers will be eager to ship Cantwell out of the club so they can use any funds freed up by his exit to purchase a replacement.

Whilst the deal will mostly be about cutting Cantwell’s wages, Rangers will make a profit on ANY transfer fee that Blackburn pay for the playmaker.

That’s after the man who brought Cantwell to Rangers was quoted discussing the January 2023 transfer earlier in August.

Ex-Rangers manager Michael Beale claims Cantwell joined the Gers on a free transfer, meaning that any fee recouped would represent a profit.

“In the winter we brought in Nicolas Raskin,” Beale told the Mindset for Sport podcast. “A young Belgium U21 international.

“We paid early to get him. It was a free but we paid around £800k to get him.

“And we brought Todd Cantwell in on a completely free transfer.”

Should Rangers ship Todd Cantwell out the door in the coming days, all attentions will then turn to moving on Romanian international Ianis Hagi.