Rangers set to slash Morelos price tag as transfer market in line for crash

By Wayne Veysey

6th Apr, 2020 | 8:32am

Rangers to slash Morelos asking price amid big Ibrox board shift - Sources

Rangers are having to recalibrate their hopes of Alfredo Morelos smashing their record sale this summer, Football Insider has learned.

The Colombia international’s poor form since the winter break and, more significantly, the Coronavirus pandemic have dramatically altered the picture in the Ibrox boardroom.

Ibrox sources have told Football Insider that Rangers’ hopes of a £25-30million fee for Morelos have evaporated following recent months.

The centre-forward attracted strong attention in the January transfer window, when Football Insider revealed that Tottenham and Inter Milan were among the elite clubs keen to snap him up.

Inter put together a package worth £25m including add-ons for the striker, but Rangers rebuffed interest in their prize asset.

The Scottish giants are aware there remains strong interest in Morelos, 23, but teams are no longer willing to pay that kind of fee.

Rangers are set to slash the asking price for Morelos, potentially by as much as half.

Football’s economics have changed dramatically as a result of the Coronavirus crisis that has season global sport ground to a halt.

Morelos’ future is a key issue for the club as he is the one player capable of securing the kind of fee that would allow Steven Gerrard to strengthen his squad this summer.

As revealed by Football Insider last week, negotiations with Morelos, 23, over a new contract are on hold.

The forward’s form was outstanding in the first half of the season, when he banged in 28 goals in all competitions.

He failed to reach anywhere near those heights after the winter break, scoring just a single goal from 11 matches in all competitions.

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