According to Graeme Souness, Rangers would have to spend £50 million to catch up to Celtic and contend for the championship once more.
The Ibrox legend thinks that although there is a divide between the two Old Firm factions, it is not insurmountable and that properly allocated funds may help close it.
He believes that the Ibrox team may be elevated to a new level with three or four very exceptional additions.
“Right now, there is a gap between Rangers and Celtic, but it’s not insurmountable,” Souness, a talkSPORT pundit, stated in response to the Daily Record’s allegation that Whisky veteran Billy Walker is willing to invest in the team. Rangers might make the difference with three or four excellent additions, but they don’t have the money right now. If they were to spend £50million, it’d be nip and tuck between the two of them.”
Before making any outside investments, Rangers must have the proper structure in place.
Souness’ claim that the Gers could compete with Celtic if they invested £50 million demonstrates the two teams’ immediate financial differences.
However, they must first undergo a thorough organizational reform before they can consider such expenditures.
There is still more work to be done, as seen by the club’s recent financial results and a backstage exodus.
It is crucial to put into action a well-organized plan that includes financial planning, scouting, youth development, and a distinct football philosophy.
Without this, large expenditures could only cover up more serious problems without solving them.
Rangers should put a high priority on establishing a strong organizational base, making sure that player acquisitions are prudent and long-lasting, and possibly paving the way for future competitiveness.
In other Rangers news, a veteran player has resigned from the team on his own volition, according to sources.
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