Rangers are actively pursuing a potential record-breaking transfer for Bologna and Scotland midfielder Lewis Ferguson, a move that could represent the pinnacle of their summer rebuilding efforts. The club has already secured five new signings as they aim to rebound from a disappointing previous season.
Last season saw Rangers finish a distant third in the league after losing four of their final five post-split fixtures, necessitating a significant squad overhaul. Manager Derek McInnes, appointed swiftly after the unexpected departure of Danny Rohl, has overseen the arrival of Lawrence Shankland, Ross McCrorie, Ben Godfrey, Ivor Pandur, and Dan Neil.
Shankland brings a proven goal-scoring record in Scotland, while McCrorie offers versatility and experience. Godfrey, a former England international, is seen as a player who can rediscover his best form. Pandur was reportedly one of the top goalkeepers in the English Championship, and Neil adds midfield quality. These signings are described as proven players capable of immediately enhancing the squad.
The potential acquisition of Ferguson, however, is being highlighted as the 'jewel in the crown' of McInnes's rebuild. Italian reports suggest Bologna is seeking approximately £17 million for their captain, a fee that would surpass Rangers' long-standing club record transfer fee of £12 million paid for Tore Andre Flo in 1998. Discussions between Rangers' hierarchy and Bologna have reportedly taken place.
Smashing the transfer record would signal a significant statement of intent from chairman Andrew Cavenagh and the club's American owners. While a deal is under active consideration, it is not straightforward. Raising the necessary funds may require the sale of existing players, with Nico Raskin, Thelo Aasgaard, and Djeidi Gassama mentioned as potential departures.
Rangers previously announced plans to raise £16 million through a new share issue to fund summer acquisitions, following over £30 million in investment by the American owners since their arrival. Sources indicate that the financial capacity for Ferguson's transfer exists, but the structure of the deal and proceeds from player sales are key factors.
At 26 years old, Ferguson is considered to be in his prime and could provide leadership for the next six to eight years. His maturity and articulate nature are seen as qualities Rangers have been seeking. He has also drawn interest from Serie A clubs Lazio and Atalanta, as well as clubs in England.
Ferguson's strong performances for Scotland at the World Cup have likely increased his market value and wage demands. However, Rangers may leverage the emotional pull for Ferguson and his family, as well as the prospect of playing under McInnes, under whom he developed significantly at Aberdeen. The club is still seeking to add at least two or three more players before the start of their Premiership campaign on July 31 against Dundee United.