By Danny Mills

14th Jul, 2021 | 4:00pm

Rangers told to sell multiple stars to avoid 'farce' after near-£15m reveal

Danny Mills has suggested Rangers may have to sell a key player and a couple of fringe stars to “balance the books”.

Speaking exclusively to Football Insider, the ex-Premier League and England defender insisted player sales may be necessary to avoid a “farce”.

The Athletic’s Jordan Campbell reported on 8 July Rangers forecast they need to plug a £14million financial hole for the upcoming season.

It is suggested the Gers may consider player sales to help the move to a self-sustainable model.

One player that could plug the gap is star striker Alfredo Morelos.

Football Insider revealed on 26 June the Ibrox giants have told Porto that they want £13million for their 24-year-old this summer.

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Asked whether Rangers would go down the route of selling one star or multiple players, Mills told Football Insider correspondent Connor Whitley: “I think it might be a little bit of both, it depends on how much you can get for these players.

“We all know you have to balance the books. You can’t just keep spending, spending and giving wages out because it will turn into a little bit of a farce.

“Maybe Rangers need a bit of investment from somebody or they’re going to have to go down the route of selling one or two players and reduce the wage bill slightly.

“Maybe that’s what they’ll have to do if they want to sign one or two players later on.”

Around £40million has been invested into the playing squad since Steven Gerrard’s arrival in the summer of 2018.

However, the most significant outgoing was Josh Windass’ sale to Sheffield Wednesday the same summer.

In other news, Allan McGregor cannot believe some “unbelievable” Rangers news emerging from Ibrox.