Journalist Andrew Dickson has hailed a 'terrific' piece of business from Rangers as they prepare to sell Calvin Bassey.

The lowdown

The Nigerian defender is set to depart Ibrox, with Fabrizio Romano reporting on Monday morning that the 22-year-old will put pen to paper on a four-year deal with Dutch giants Ajax.

Rangers accepted an offer of an initial €22m (£18.7m) with a further €5m (£4.2m) in add-ons (€27m/£22.9m) in total), and they will also bank 'around 10%' of the proceeds from any future sale.

Two years ago, Rangers signed Bassey on a free transfer after he left Premier League outfit Leicester City. He now looks set to follow Joe Aribo, who joined Southampton for £6.4m, out of Ibrox this month.

The latest

Taking to Twitter, Dickson applauded Rangers for generating a 'massive' profit on Bassey, and he was also happy to see the Nigerian signing for Ajax ahead of fellow suitors Brighton.

The reporter tweeted: "Delighted for Bassey that he’s going to Ajax over Brighton, it’s a much better move for him in my opinion. Terrific deal for RFC again off the back of Aribo joining Southampton. Transfer fees totalling half a million combined for massive profit each time. Doing it the right way."

The verdict

Rangers didn't pay a penny for Bassey but he gave them so much last season.

He played 50 games in all competitions, starting every knockout match on the Gers' run to the Europa League final, and his heroic displays on the continent were recognised when he was named in UEFA's Team of the Season for the tournament.

Rangers are already £3.44m in the black for the current transfer window, and that margin is about to skyrocket once the Nigeria defender's impending sale goes through.

They may reap further rewards a few years down the line if Bassey, who is only 22 years old, makes yet another step up during his time in Amsterdam.