By Wayne Veysey

8th May, 2017 | 2:27pm

Celtic potential incoming signing will cost more than Rangers entire summer transfer bill - Telegraph

By Harry Sykes

Rangers’ summer transfer bill is set to be dwarfed by that of bitter rivals Celtic, according to a report.

The Telegraph claim dominant Scottish champions Celtic are set to spend more on a single player this summer than Rangers are on their entire squad overhaul.

It is said that, barring some unforeseen dealing or investment at Ibrox, the club will again be financially in the shadows of their Glasgow neighbours when it comes to squad improvements.

Celtic manager Brendan Rodgers has already suggested that his club might break their transfer record of £6million on a single player this summer.

That was the fee spent on each of the Hoops’ former striker duo Chris Sutton and John Hartson, when they were prised from English clubs Chelsea and Coventry in 2000 and 2001.

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Spending among the two Scottish giants has been restrained for the last decade due to the financial limitations compared to the clubs south of the border.

Caixinha revealed last week that he would tell the Rangers players in transfer discussions at the start of this week whether he wants them to stay or find a new club.

The Portugese has studied his squad in depth since being appointed in March and has promised to be completely up front with the squad members about how he views them.

Caixinha has also drawn up a list of transfer targets after watching his side suffer consecutive drubbings at the hands of Celtic, who secured their sixth consecutive title at a canter and are only a cup final win against Aberdeen away from winning the domestic treble.

The manager is keen to avoid a repeat of the transfer blunders of last summer, when former manager Mark Warburton and his recruitment chief Frank McParland oversaw a wretched recruitment strategy that has backfired horribly.

Reflecting on the budget deployed by Warburton, Caixinha said to the Telegraph: “He spent £2 million which is far from the £6 million which you’ve said. It’s about producing a core list to the board and saying that this is going to be my core team.

“Everything will move around that. Everything is organised according to the realistic situation at the club. I know how far I can go and that’s what I am doing.

“It’s got nothing to do with numbers and I’m not going to tell you. I don’t care if it’s less or more than my predecessor. We know that we have the core of the team to be here next season. It is on our mind. The board knows, the board agrees and we are working on it.”

In other Rangers transfer news, Caixinha has made emphatic decisions on four players ahead of the summer window.

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