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A portion of twenty quid won't go far 😉 10M well spent is better than 20M poorly spent. Celtic spent around 20M on Engels and Idah, whilst we spent around 5M-6M on Raskin and Dessers. I'd rate our two players as currently better.

Rangers are tracking Westerlo forward Matija Frigan, 22, while a move for Maccabi Tel Aviv striker Dor Turgeman, 21, remains on. (Record) But Rangers have been told to up their £4m offer for Turgeman. (Football Scotland) Rangers interested in Kwame Poku after Peterborough exit Rangers are one of several clubs interested in out-of-contract Peterborough winger Kwame Poku. Poku, who managed 20 goal contributions (12 goals and eight assists) in just 27 League One appearances last season, has played for the Posh since 2021. The 23-year-old is also understood to be wanted by Birmingham City and has suitors in both France and Germany. Poku, who is a left-footed right-winger, was part of the side that defeated Birmingham at Wembley last season to retain the EFL Trophy. https://www.rangersreview.co.uk/features/25223574.rangers-interested-kwame-poku-peterborough-exit/ There are conflicting reports on the PSG youngster Oumar Camara ... Breaking Through: Oumar Camara’s Big Step to Rangers Jun 8, 2025 Rangers appear to have pulled off a coup with the signing of highly-rated French winger Oumar Camara from Paris Saint-Germain. The 18-year-old, who captained PSG’s U19s last season, is joining the Ibrox side on what will be his first professional contract—turning down PSG and interest from several top European clubs in the process. He is believed to have been pitched the vision for Rangers under the new owners and sees this opportunity will allow him to develop further. Known for his versatility across the front line and his preference for the right wing, Camara brings both leadership qualities and attacking flair, having registered seven goals and four assists in just 19 appearances in the French youth league. His arrival signals Rangers’ continued intent to invest in promising young talent with a clear pathway to first-team football. amara reportedly rejected a new contract at PSG in favour of Rangers’ offer, drawn by a clearer pathway to first‑team football and the promise of European competition . According to RMC Sport, he opted for a ‘long‑term deal’ in Glasgow, prioritising meaningful minutes over staying in Paris. There’s compelling context to his decision: Camara was reportedly tracked by Manchester United, Borussia Dortmund, Benfica, PSV, Bayer Leverkusen, Eintracht Frankfurt, and RB Leipzig. A Manchester United insider noted how “he’s been on the radar for many European clubs”. By choosing Rangers, Camara apparently prioritised immediate development and senior game time. https://www.ibroxinsider.com/2025/06/08/breaking-through-oumar-camaras-big-step-to-rangers/ vs. Oumar Camara’s move from PSG to Rangers in doubt According to a report from L’Équipe, Oumar Camara’s (18) move from Paris Saint-Germain to Rangers is in doubt, following the sale of the Scottish club. On the 30th of May, Rangers announced that a consortium consisting of Andrew Cavenagh and 49ers Enterprises had purchased a majority stake in the club. It’s a move that Rangers supporters hope will bring them a first league title since the 2020/21 season. However, the change will likely mean that Camara’s mooted move away from Paris to Glasgow will no longer take place. Talks had begun with Camara before the new owners completed their deal, and the striker isn’t expected to be included in their plans for the future. PSG had reportedly offered a professional contract to Camara, but he had been swayed by the project sold to him by Rangers. The young striker is not expected to remain long in Paris, and he will be looking for a new club. https://www.getfootballnewsfrance.com/2025/oumar-camaras-move-from-psg-to-rangers-in-doubt/ By the looks of it, anyone we will sign now is probably meant for first team football, as the B-Team is virtually non-existing any more. EDIT: OP updated

According to Rangers Review it is a portion of the £20, money set aside this last season and money from player trading.

You would imagine that a good proportion of any net incoming transfer monies would be.