£10M reported loss is bad news for Rangers

As we suggested in recent entries, the Ryan Kent deal to Rangers is 99% dead. Steven Gerrard had put in a loan offer to Liverpool to retake the winger’s services for a further year, but John Terry’s Aston Villa have reportedly trumped that with a hard cash £10M offer to permanently capture him.

And that’s numbers we simply can’t compete with, hence Gerrard then making strides towards fellow Anfield youth graduate Sheyi Ojo.

It’s rather sad, in this day and age, that Rangers just cannot compete on any level with a side with pretentions to be in the English Premier League, and especially not on a financial one.

We have advocated some calculated risk spending, but we just don’t have the funds to splash out £10M+ on a single player, whereas most sides in England’s second tier can rather casually splurge numbers like these on a player with huge gamble factor. After all, Kent has been a career dud until Rangers, and failed twice in the English lower leagues already, and now Villa are ready to spend eight figures on him?

It just highlights the disparity between England and Scotland – sure, Celtic have managed some big signings in recent seasons, but they too would struggle up against a Championship side with the might of mass spending clout in their armoury.

And to Rangers these days even a ‘lowly’ £3M on an unproven player is a big risk – look at Goldson and Pena – £6M combined and we can’t say that was close to £6M well spent and it leaves a bit of a vacuum in our coffers, one that revenue, right now, isn’t quite able to fill.

No, Sheyi Ojo beckons, and if he impresses, which he likely will given his CV, Rangers have boosted another Liverpool kid to eight figures and Jurgen Klopp has new funds for another shiny new player.

It’s not an ideal way to do business and Rangers don’t get a lot at the end of it but we can’t see any other way right now.