Rangers chairman Andrew Cavenagh has told shareholders he expects “three to five” further signings before the summer transfer window closes, acknowledging the club’s transfer business so far has been “clunky” and confirming there will also be departures.
- Rangers chairman Andrew Cavenagh expects three to five more signings before the transfer window closes.
- The club had already signed nine players but had a slow start to the season under new manager Derek McInnes.
- Cavenagh said some players will leave and described transfer business so far as "clunky."
What Cavenagh said and where it came from
The chairman made the comments at an open shareholder forum in Glasgow, according to reporting by the BBC and subsequent coverage. Cavenagh said the club had already brought in nine new players this summer but that “there’s certainly work to be done” and he hoped for another three to five arrivals, with “a number will possibly go out.”
Context: results, fixtures and squad building
Rangers begin the new campaign having added nine recruits, but results on the pitch have not matched the recruitment drive. Under new manager Derek McInnes the team had taken one point from two Scottish Premiership games at the time of Cavenagh’s remarks, and they trailed Jagiellonia Bialystok 2-1 after the first leg of their Europa League third qualifying round tie.
Cavenagh acknowledged the awkward timing of important fixtures arriving while the transfer window remains open. He described the club’s ambition on arrival as “sustained winning and winning sustainably,” and said progress will take time.
Why the chairman’s comments matter
- Reinforces board backing for the new manager: The statement signals that the board intends to continue strengthening the squad to match Derek McInnes’s requirements rather than accepting an early-season dip in performance.
- Sets expectations for further activity: Saying “three to five” more players are expected gives a clear short-term target for fans and markets, and suggests the club sees specific areas still to address.
- Signals incoming and outgoing moves: Cavenagh explicitly said some players will leave, indicating squad trimming alongside additions rather than purely expanding headcount.
What is confirmed and what remains speculation
Confirmed (from sources supplied):
- Cavenagh spoke to shareholders and said he expects three to five additional signings; the club has already signed nine players this summer (BBC reporting).
- Rangers had one point from two league games and were 2-1 down after the first leg against Jagiellonia Bialystok in the Europa League third qualifying round (BBC reporting).
Unconfirmed or reported but not independently verified in the provided sources:
- Specific targets, positions to be prioritised or names linked to potential moves. Secondary coverage (Yahoo/Sports) discussed possible targets and areas of need — wide players and defensive cover — but those claims are presented as reporting and not confirmed by the club within the supplied evidence.
Boardroom remarks on broader issues
Also present at the meeting were chief executive Jim Gillespie and shareholder Paraag Marathe. Gillespie addressed the choice of manager, saying Rangers had sought a “Klopp-style” coach — a comment framed as the club wanting a manager who plays on the front foot — and defended Derek McInnes as fitting the club’s style and culture, according to the BBC account. Gillespie additionally said the club is seeking clarification from the Scottish FA about a VAR decision that led to a Hibernian penalty in a recent 2-1 defeat, questioning whether the incident met the requirement of a “clear and obvious error.”
Likely short-term timeline and next steps
- Immediate: Rangers continue squad recruitment before the transfer window closes, aiming to complete the additional three to five deals Cavenagh referenced.
- Before next European tie and domestic fixtures: The club will look to finalise signings while balancing selection and fitness ahead of crucial matches that could determine progress in European competition and domestic momentum.
- Following transfers: Incoming players and any departures will be assessed for how they fit McInnes’s tactical plans and the club’s stated ambition of returning to sustainable title contention.
Practical implications for supporters and observers
Fans should expect further official announcements from the club if signings are completed before the window shuts. Until deals are confirmed by Rangers, reported targets and interest should be treated as speculation. The chairman’s public commitment to more business is nevertheless a clear signal that the club’s recruitment phase is not finished.
Timeline of the immediate events cited
- Summer 2026: Rangers signed nine players (as reported in the meeting summary).
- Early season: One point from two Scottish Premiership matches under Derek McInnes.
- Europa League third qualifying round first leg: Rangers 1-2 Jagiellonia Bialystok (Rangers trailing after the first leg) as reported.
- Shareholder forum in Glasgow: Andrew Cavenagh sets expectation of three to five additional signings and confirms that some players may leave.
How to follow developments
G3.Football will track official Rangers announcements and provide updates when the club confirms any incoming or outgoing transfers. For now, the chairman’s statement sets a clear marker: the summer window is not over at Ibrox.