Latest News: Rangers set to earn £33m + £5m from the sale of out of contract defender
Latest News: Rangers set to earn £33m + £5m from the sale of out of contract defender
Celtic have made a total of £33 million in transfer profits over the last ten seasons, whereas Rangers have lost £10 million, demonstrating the magnitude of the task Nils Koppen has at Ibrox.
According to the Daily Record [22 February], Celtic have paid high prices for Odsonne Edouard, Jota, and Kieran Tierney in recent years, despite Rangers’ modest sales.
What will Nils Koppen accomplish for Rangers?
Koppen arrived in Glasgow at the beginning of the January transfer window,
with an urgent strategy in place to transform how Rangers worked in the transfer market – and the business at Ibrox proved his work had already started.
Oscar Cortes and Mohamed Diomande, aged 20 and 22, respectively, come on initial loan deals with options to buy in the summer,
with the long-term goal of selling them later for a profit.
This, in turn, would allow the club to invest more in young talent, develop it, and sell it,
creating a lucrative cycle in which those youngsters would be supported by more senior veterans.
Diomande’s arrival has been lauded in particular, despite a high transfer fee of roughly £4.5 million,
and he has already made his name known after scoring a rocket against St Johnstone.
both to allow the club to move forward and to help reduce a growing financial gap.
Player sales are critical when it comes to spending within one’s limits. Both clubs must spend to compete domestically and in Europe,
but their transfer market options are limited due to a lack of revenue.
If Koppen can transform Rangers’ business practices, they should be able to match – if not exceed – their rivals’ transfer profits in three to four years.
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