‘Calvin Cash’ kills Rangers’ financial issues for good
Rangers' Italian-born English defender Calvin Bassey celebrates on the pitch after the UEFA Europa League Round of 16, first leg football match between Rangers and Red Star Belgrade at the Ibrox Stadium, in Glasgow, on March 10, 2022. - Rangers won the game 3-0. (Photo by ANDY BUCHANAN / AFP) (Photo by ANDY BUCHANAN/AFP via Getty Images)
We told you in January that the sale of Nathan Patterson had now changed the Rangers Rules on transfers, that we were now showing what we would accept for players and not a penny less.
And while we’ve had a lot to say on this board and our disquiet about it, we have to hold our hands up and admit they’ve made good on our promise.
First it was Patterson – initial £12M rising to £16M.
Then it was Joe Aribo – initial £6M rising to £10M.
Now it’s Bassey – Initial £20M rising to £25M then to £30M with sell on.
In short, forget Dembele Dollars – it’s now Calvin Cash, as Rangers finally start getting fair market value for our players and not selling for sub-standard levels.
Our piece earlier on Bassey being undersold was unfair and a little premature, and based on some inaccurate numbers, so we retract a lot of the sentiment in that one – and in fairness, we did say we hoped the numbers we were getting were wrong.
No, the only one anyone might whine about is Aribo – but final year of his deal, and Rangers still got an eventual £10M for him. It’s not bad.
As we said in another earlier piece, it’s a combined total of £56M in 7 months which no Scottish club has ever done before.
And in one fell swoop all Rangers’ financial issues are gone.
All we need to do is secure that UCL spot (no mean feat) and that adds another £40M and hey presto, around £130M in 9 months.
We now sell players for serious money, no longer pawning them.
It took a long time, but never again will sides get players on the cheap from Glasgow Rangers FC.