Rangers look like they will need to undergo a major overhaul in the summer with a huge turnover of players likely and as many as 10 or 11 first-team players leaving – but chairman Dave King needs to make sure director of football Mark Allen has the funds he needs to make the Light Blues capable of competing with Old Firm rivals Celtic for the Scottish Premiership title.

After two consecutive summers of trying to build a squad to challenge Celtic and failing, the Ibrox giants can’t afford any mistakes this summer as the Hoops race towards ten-in-a-row.

King already faces a hefty bill after being ordered by the courts to make an offer for the remaining shares in the club at a potential cost of £11million.

It’s unclear at the minute who will even be managing the Gers next season, with Graeme Murty’s contract up in the summer, and director of football Mark Allen will likely already have made strides trying to identify possible targets.

Despite there being a £20million gulf in what each club spends each year on player wages alone, the Gers don’t need to treble their wage bill to catch up with their rivals but will need to spend a substantial amount of money in the summer to get closer in the league.

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Millionaire King could also find himself having to pay top dollar to try and attract a quality manager to Ibrox in the summer if the Light Blues decide to replace Murty at the end of the season after he stepped up to take over from Pedro Caixinha after the Portuguese was sacked in October.

The South Africa-based tycoon could face a very expensive summer but with the Gers currently ten points behind Celtic in the league, there’s little option for the Gers chairman but to open his chequebook.

In other Rangers news, Celtic fans were seething over Rangers’ choice of kit for a charity game

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