By Will Butcher

Ally McCoist has urged Rangers to spend money in January if they want to compete against Celtic.

McCoist, 54, who played for the Gers for 13 years before becoming manager at Ibrox, has called on Mark Warburton to open the 54-time Scottish champions’ cheque book.

Speaking to Ladbrokes on Wednesday, McCoist said that it did not require immense knowledge to deduce that money needs to be spent on high-profile players to propel Rangers into a title race.

“Rangers have to spend money, I don’t think its rocket science,” McCoist declared. “They have to bring in a better quality and calibre of player to compete at the top level against Celtic.

“You can talk about bringing young players through, and that’s great. But the fact of the matter is, is that they need a better quality of player.”

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Rangers are currently 14 points behind their Old Firm rivals in second, as they fall by the wayside in the Scottish Premiership title race.

Scoring just 25 goals in their 18 domestic matches, Warburton’s side have been outscored by almost double as Celtic have found the net 47 times in a one less game than the Gers.

Although Celtic look set to earn their 48th Scottish Premiership title, McCoist believes Warburton must bring in a calibre of player that can help challenge for next season’s title.

Ahead of January, Spanish playmaker Jota seems to be Rangers’ number one target after Warburton reportedly jetted off to Spain to talk face to face with the 25-year-old ace where he is on loan with La Liga side Eibar.

In other Rangers transfer news, this former midfielder would add plenty of experience and goals to the Gers side.