---
title: "Rangers: Steven Gerrard makes transfer admission"
canonical: "https://www.footballtransfertavern.com/rangers-gers-steven-gerrard-ibrox-transfers/"
type: "post"
language: "en-GB"
author: "jonathan radcliffe"
section: "Features"
published: "2020-11-26T14:30:05Z"
modified: "2020-11-26T14:30:05Z"
---

# Rangers: Steven Gerrard makes transfer admission

**Steven Gerrard has confirmed that Glasgow Rangers are more interested in buying players than selling them after it was recently suggested that they may need to sell a star performer to balance the books.**

### **Gerrard makes admission**

Last week, the Ibrox outfit’s financial figures were published, and it didn’t make for great reading for the 54-time Scottish champions. The Gers [made a loss](https://www.dailyrecord.co.uk/sport/football/football-news/steven-gerrard-insists-rangers-squad-23069469) of £15.9m in the year ending June 30, and a further £23.2m is needed in the next 18 months to balance the books.

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It has been suggested that the Gers may need to sell star players such as Alfredo Morelos to do just that, but Gerrard doesn’t appear to think so. He said:

> *“The board’s support has been fantastic since I first came in.*
>
> *“In terms of the numbers, obviously you have to take certain things into consideration given the timing. They could have looked very much different if we did accept a bid for one of our big assets.*
>
> *“I think the important thing to know is that this team is in much better shape than it was when we came through the door.*
>
> *“The team is littered now with big assets. The team is worth an awful lot of money now compared to what it was.*
>
> *“Behind the scenes we’re still actively looking at the recruitment to keep improving and making the academy better as well.*
>
> *“Behind that, it’s about making the training ground and the stadium refreshed.*
>
> *“It’s about improving the club in all departments.”*

### **Good news for Gers**

This is good news for the Gers. The last thing they want to hear when they are looking to pick up a first piece of major silverware since 2011 this campaign is that some players may need to depart. Keeping the squad together this term is more important than a quick buck.

And anyway, their performances this season could well lead to a big windfall in the future. Winning the Premiership, for a start, would provide an extra boost, and progression in the Europa League would be a huge help. The Gers made the round of 16 last season and ended up taking home around £20m – a repeat of that would be perfect.

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Perhaps most importantly, though, topping the Premiership table would put Rangers into the qualification rounds for the Champions League – that is where the real money is.

***In other news, [Rangers fans slam the SPFL’s Team of the Week.](https://www.footballtransfertavern.com/rangers-fc-news/rangers-gers-ibrox-gerrard-spfl-kemar-roofe/)***