By Dominic Toner
Rangers legend Willie Henderson claims that their needs to be major investment into his former side if they are to bridge the gap to Celtic.
The Gers have endured a mixed season on their return to the top-flight and are on course to be back in European football next season.
However, their inferiority to Old Firms rivals Celtic has been a major negative point for them this campaign.
Rangers look set for a third-placed finish in the league and are 33 points behind unbeaten champions Celtic.
Meanwhile, they suffered a 2-0 loss to the Bhoys on Saturday in the Scottish Cup semi-final and were outclassed by Brendan Rodgers’ side.
Henderson insists that the Gers will need huge finical backing in the form of £50million if they are to get to the same level as their rivals.
“We are now in a situation where if Rangers are going to complete with Celtic there needs to be a huge investment in this club to purchase players that are going to be of a standard that can play for Glasgow Rangers and compete with Celtic,” Henderson told STV.
“£50m. £50m solely for players. It might be an idea if another investor could be brought into the club who is interested in putting money into football because it is certainly needed.”
Rangers face their great rivals for the final time this season at the weekend and will be looking to ruin their domestic record.
They managed to pick up a point in the previous league encounter and will hope home advantage can play a huge role.
However, Celtic have been by far the best team in Scotland this season and the Gers seem a long way off.
Mark Warburton was axed as manager during the season and Graeme Murty did a good job as caretaker over.
Pedro Caixinha is now the full-time boss at Ibrox and Henderson feels that he will need a massive financial backing if his side are to compete with Celtic.
In other Rangers news, Clint Hill has made an admission about his time with the club.