Date: 9th May 2017 at 3:18pm
Written by:

By Russell Edge

Rangers have confirmed the departure of midfielder Billy Gilmour to Premier League side Chelsea, with Sky Sports reporting a fee of £500,000.

The Scottish side confirmed the move on the club’s official website, saying that they believe they have “maximised the commercial value” of the player after he decided he wished to leave the club.

Sky Sports reported the £500,000 fee on their Scottish Twitter account, with the money coming as part of a development fee for an under-16 player.

Rangers report on their official website that the deal contains clauses for Gilmour’s future, such as milestones reached.

They also report he was pursued by a number of Premier League sides, with Antonio Conte’s Blues the successful club in securing his signature.

Football Insider verdict:

It seems that Rangers have done well to secure such a high fee for such a young player. £500,000 will go a long way in helping Pedro Caixinha develop his side, both in the first team and through his youth squads. Losing a talented player is always a disappointment but when he made it clear he wished to depart Ibrox, the club did the right thing in securing the best possible financial deal. As for Gilmour, he moves to a club filled with young talent, and it will not be long before we see him shipped out on loan as so many others before him.

In other Rangers news, an international defender’s agent has confirmed Gers have made an approach for him.

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