Rangers boss Ally McCoist believes the Ibrox club will eventually have to spend big if they want to reclaim their place in the Champions League, but has all but ruled out offering up a transfer fee for any of his targets during the January transfer window.
McCoist has this week confirmed contract offers for Bosnian centre-back Boris Pandza and former Hearts skipper Marius Zaliukas were rejected by the players, although he did managed to swell his squad with nine new arrivals during the summer.
Rangers have not paid a penny in transfer fees since agreeing a £700,000 deal with Hearts for forward David Templeton in August last year, but looking further ahead, McCoist claims the club cannot rely on free transfers if they are to compete with Celtic for a place in Europe’s premier competition.
He said: “It’s my job to get the best possible team out on the park for the fans. Like any other manager I’ve got a budget to work within. Without doubt I am more mindful of what I spent after all the hardships we went through last year. I have to think about the long-term future of the club because we don’t want what has already happened to happen again.
“But we’re talking about [wage] budgets here, not even about transfer fees. I believe longer term, we will definitely need to spend once we get back to where we want to be.”