Rangers are still failing on the trading model with just £700,000 in | OneFootball

Rangers’ trading model has once again failed to deliver meaningful returns, with the club raking in a miserable £700,000 from player sales (Propper) this summer. Despite an overhaul and five departures, none of those deals brought in much of a return, and the club’s net gain from trading sits below the already dreadful £800,000 raised last year. Rangers trading model falls short.

Supporters might find slight comfort in some players leaving, but when the exits fail to generate income, questions need to be asked. Rangers cannot keep letting talent walk out the door for nothing or next to it. The five who left brought little back into the club, and none were considered key names. Cyriel Dessers remains one of the few with any real resale value, but he is still here.

This summer should have seen the Rangers sales strategy take a much sharper edge. Instead, the squad looks largely bloated, and the wage bill still carries some of the highest earners. While Russell Martin has trimmed the numbers slightly, the core drainers on the salary sheet remain untouched. Antman’s arrival may strengthen the frontline, but that outlay has not been balanced by anything going out.

With revenue from sales barely touching seven figures and no marquee exit to offset the spend, it leaves Rangers in a troubling spot financially. Fans have seen incomings like Antman, Fernandez et al, but no one has left for meaningful cash. The official club foundation might see more public support this summer than the club’s transfer account has seen in incoming fees.

The board has spoken in the past about improving the trading model and turning player development into profit. That simply has not happened. Clubs with a working system sell assets when value peaks. Rangers let theirs fade out their deals or leave for fractions of what they should have fetched.

It brings back the same pattern seen recently. There was talk of interest in Glen Kamara and Scott Wright in recent seasons, but only Kamara actually left, and he did so for less than expected. This time, Rangers barely even created market buzz around their fringe players.

What is more frustrating is the lack of preparation or planning to cash in at the right time. Other clubs around Europe manage to sell squad players for respectable fees. Rangers, however, continue to take losses and write down assets they once paid millions for.

That situation cannot continue. The Ibrox outfit spent north of £15m million last summer and saw no offset. That situation cannot continue. The Ibrox outfit spent over £15 million last summer and recovered nothing in return. This summer looks set to repeat that cycle unless the club actively sells one or two players like Raskin or Hamza before the window closes.

FFP compliance becomes harder without income, and right now, Rangers are banking solely on European qualification and ticket sales. That strategy carries huge risk and offers no long-term stability. The club must get real about its failures in the market.