Glasgow Rangers have new owners in the 49ers Enterprises, and they have already splashed the cash in the transfer market, but who is the current record signing at Ibrox?
Football FanCast has taken a look at Rangers’ most expensive signings in their history, with a detailed look at the top 10.
1
Tore Andre Flo
£12m
Chelsea
2000
2
Youssef Chermiti
£8m
Everton
2025
3
Ryan Kent
£7m
Liverpool
2019
4
Michael Ball
£6.5m
Everton
2001
=5
Mikel Arteta
£6m
Barcelona
2002
=5
Danilo
£6m
Feyenoord
2023
7
Andrey Kanchelskis
£5.5m
Fiorentina
1998
8
Giovanni van Bronckhorst
£5.25m
Feyenoord
1998
=9
Arthur Numan
£4.5m
PSV Eindhoven
1998
=9
Barry Ferguson
£4.5m
Blackburn Rovers
2005
=9
Bert Konterman
£4.5m
Feyenoord
2000
=9
Oscar Cortes
£4.5m
Lens
2025
=9
Ronald de Boer
£4.5m
Barcelona
2000
=9
Cyriel Dessers
£4.5m
Cremonese
2023
=15
Paul Gascoigne
£4.3m
Lazio
1995
=15
Mohamed Diomande
£4.3m
Nordsjaelland
2024
17
Gaby Amato
£4.2m
RCD Mallorca
1998
=18
Michael Mols
£4m
FC Utrecht
1999
=18
Duncan Ferguson
£4m
Dundee United
1993
=18
Kemar Roofe
£4m
Anderlecht
2020
=18
Lorenzo Amoruso
£4m
Fiorentina
1997
Here's a detailed look at Rangers' 10 most expensive signings… 10 Barry Ferguson £4.5m from Blackburn Rovers
One of six players to cost a reported £4.5m was iconic Rangers midfielder Barry Ferguson. The Scot came through the Ibrox academy before moving to the Premier League with Blackburn Rovers in 2003.
He’d return to Glasgow in 2005, though, and in total, Ferguson would end his Rangers career with more than 400 appearances and 15 major honours.
9 Arthur Numan £4.5m from PSV Eindhoven
Arthur Numan also cost £4.5m from PSV Eindhoven in 1998.
The full-back ended his playing career in Scotland in 2003, winning 10 major honours at Ibrox under Dick Advocaat and Alex McLeish. Since then, Numan has gone into scouting for the likes of Aston Villa and AZ Alkmaar.
8 Giovanni van Bronckhorst £5.25m from Feyenoord
Versatile left-back Giovanni van Bronckhorst already knew Advocaat from his youth days and moved to Rangers from Feyenoord in 1998. The Dutch defender would spend three years at Ibrox before moving to Arsenal in 2001, with the Gers making a profit in the process.
Van Bronckhorst would return to Rangers as manager in 2021, lasting 12 months before being sacked despite leading them to the Europa League final.
7 Andrey Kanchelskis £5.5m from Fiorentina
Russian winger Andrey Kanchelskis returned to the UK after spells with Man Utd and Everton in 1998, joining from Italian side Fiorentina.
Kanchelskis won six major honours at Ibrox before moving to Southampton in 2002.
6 Danilo £6m from Feyenoord
Centre-forward Danilo made the move to Scotland with Rangers in 2023, costing £6m from Feyenoord.
The Brazilian is under contract at Ibrox until 2028, and he has now made more appearances for the Gers than any other club.
5 Mikel Arteta £6m from Barcelona
Rangers were the first of three British clubs during Mikel Arteta’s playing career, sealing a move from Barcelona back in 2002.
The midfielder was just 20 years of age at the time and spent two years in Scotland before returning to Spain with Real Sociedad. He’d go on to become a regular in the Premier League for Everton and Arsenal and has managed the Gunners since 2019.
4 Michael Ball £6.5m from Everton
Rangers splashed the cash on left-back Michael Ball in 2001 from Everton, however, his four-year stay in Scotland had several controversies.
Ball was fined after a Glasgow derby altercation with Advocaat, and years later, a clause in the transfer resulted in Rangers and Everton being embroiled in a legal battle which meant the player was left out of the squad for months.
3 Ryan Kent £7m from Liverpool
After an impressive spell on loan in Glasgow during the 2018/19 season, Rangers signed winger Ryan Kent on a permanent transfer from Liverpool for a reported £7m.
The Gers and then-manager Steven Gerrard pipped Leeds United to a deal for the Englishman, who would go on to make more than 200 appearances for the club. He left for Fenerbahce in 2023 when his contract expired, but remains the Gers’ most expensive signing in nearly 20 years.
2 Youssef Chermiti £8m from Everton
The 49ers’ marquee signing in their first transfer window at Rangers was Youssef Chermiti, with the young forward costing around £8m from Everton.
The Portuguese forward never scored for Everton in 24 appearances and was previously on the books at Sporting CP.
1 Tore Andre Flo £12m from Chelsea
Comfortably top of the table is striker Tore Andre Flo, who has held the title of Rangers’ record signing for more than 20 years.
The Norwegian swapped Stamford Bridge for Ibrox in 2000 and spent close to two years in Scotland. Flo scored on his debut against Celtic and would net 38 goals in all competitions before being sold to Sunderland in summer 2002.