Dave King hands Rangers massive transfer boost as Caixinha prepares for first game

By Danny Wright

Rangers chairman Dave King has revealed that Pedro Caixinha has the financial backing of the board and will get money to buy players.

The Ibrox chief also believes that the current campaign has been one to forget and has admitted that the current crop of players are underperforming.

King was speaking for the first time since Caixinha was confirmed as Mark Warburton’s successor last week.

The Portuguese boss watched on from the stands as Rangers fought back to earn a 1-1 draw with Old Firm rivals Celtic on Sunday.

He will take charge of his first game against Hamilton on Saturday in the Scottish Premiership.

Subscribe to Football Insider TV now

“Of course,” said King when asked if transfer funds will be available for Caixinha, as quoted by the Scottish Sun.

“This season has been disappointing, but I believe the squad is better than their results, and the new manager will get more out of them.”

The Light Blues are still searching for a director of football who will help Caixinha in the transfer department.

“Like the manager, we will take our time to get the right person,” added King when talking about finding the new director.

Rangers are currently third in the league, but Caixinha is determined to improve that before the end of the season.

To do so, his Gers side would have to overcome an eight-point deficit to Aberdeen before the season ends.

At the moment, the gap between Celtic and Rangers is telling as Brendan Rodgers has led the Bhoys to a mammoth 33 point lead over their fierce Glasgow rivals.

In other Rangers news, Mo Johnston believes that this senior man should follow Mark Warburton out of the club.

We’ve launched a <<BREAKING NEWS FEED>> exclusively for your club. ‘Like Us’ on Facebook by clicking here if you want 24/7 updates on all Rangers breaking news.